(H9) Focus Returns To The Upside.......>

SCHATZ TECHS: (H9) Focus Returns To The Upside

*RES 4: 112.105 High Dec 6 (continuation chart) 

*RES 3: 112.015 High Jan 2 

*RES 2: 111.995 High Jan 15 

*RES 1: 111.940 High Jan 22,23 

*PRICE: 111.910 @ 04:56 GMT Feb 8 

*SUP 1: 111.845 Low Jan 31, Feb 6 

*SUP 2: 111.808 Up trendline support from Sep lows (continuation chart) 

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

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

Weak eurozone data has put the focus back to the upside for Schatz futures which

are honing in on the Jan 22,23 highs at 111.940. Above here would suggest a

return to the Jan 15 high at 111.995 ahead of the Jan 2 ytd highs at 112.015.

Bears target the Jan 31, Feb 6 lows at 111.845, with a break below here needed

to open up trendline support from the Sep lows at 111.808, ahead of the Dec 13

low at 111.770.