(H9) Sticking to Range *RES 4:.........>

SCHATZ TECHS: (H9) Sticking to Range

*RES 4: 112.350 Inverse head-and-shoulders target (continuation chart)

*RES 3: 112.080 High Aug 13,15,17 (continuation chart)

*RES 2: 111.980 High Dec 4,5

*RES 1: 111.920 High Dec 14

*PRICE: 111.895 @ 21:05 GMT Dec 21

*SUP 1: 111.837 55-dma

*SUP 2: 111.770 Low Dec 13

*SUP 3: 111.765 Low Nov 8

*SUP 4: 111.710 Low Sep 26

The gradual edging lower of Schatz futures came to a halt ahead of the weekly

close Friday (Dec21), with the 55-dma at 111.837 eyed as key support from here.

A break below here would cement a bearish outlook shift downside targets to

Dec13 lows at 111.770. That said, the broader positive trend remains intact for

now and a break above the Dec14 high at 111.920 would allow a challenge of the

Dec4, 5 highs at 111.980.