(M0) Bearish Pressure Persists *RES....>

SCHATZ TECHS: (M0) Bearish Pressure Persists

*RES 4: 112.585 High Mar 17

*RES 3: 112.470 High Mar 18

*RES 2: 112.425 High Mar 19

*RES 1: 112.175 Low Mar 18

*PRICE: 112025 @ 05:07 GMT Mar 20

*SUP 1: 111.955 Intraday low

*SUP 2: 111.900 Low Jan 23 (cont)

*SUP 3: 111.880 Low Jan 21 (cont) and key support

*SUP 4: 111.860 Low Apr 15 2019 (cont)

Schatz remains softer as the strong selling pressure that unfolded last week

continues to dominate. Price has this week breached a key area of support around

the 112.448 level, the 20-day EMA and the 50-day EMA at 112.248 (cont). The

clear break highlights a more significant bearish threat and paves the way for a

move towards the Jan 21 low of 111.880 (cont). Resistance is seen at 112.425.