(H9) Downside Momentum *RES 4:........>

SCHATZ TECHS: (H9) Downside Momentum 

*RES 4: 112.015 High Jan 2 

*RES 3: 111.995 High Jan 15 

*RES 2: 111.940 High Jan 22,23 

*RES 1: 111.910 High Feb 19 

*PRICE: 111.850 @ 04:43 GMT Feb 21 

*SUP 1: 111.825 Low Feb 21

*SUP 2: 111.800 Support 

*SUP 3: 111.770 Low Dec 13 (continuation chart) 

*SUP 4: 111.710 Low Sep 24,25,26 (continuation chart) 

Schatz futures managed to break below the 111.845 level yesterday which marked

the Jan 31 and Feb 6 lows which now gives bears an opportunity to open up the

111.800 level. Below here the Dec 13 lows would come into play. Bulls continue

to look for a break above Tuesday's high at 111.910 to post a higher high and

shift the focus towards the Jan 22,23 highs at 111.940.