(M0) Focus Is Still On Key.............>

SCHATZ TECHS: (M0) Focus Is Still On Key Resistance

*RES 4: 112.297 38.2% retracement of the Mar 9 - 25 sell-off

*RES 3: 112.270 High Mar 30 and bull trigger

*RES 2: 112.230 High Apr 1

*RES 1: 112.200 High Apr 15

*PRICE: 112.155 @ 05:10 BST Apr 17

*SUP 1: 112.125 Low Apr 15 and 16

*SUP 2: 112.010 Low Apr 14

*SUP 3: 111.965 Low Apr 9

*SUP 4: 111.925 Low Mar 25 and bear trigger

Schatz found support this week at 119.965 and remains bullish. The recent

pullback between Mar 30 - Apr 9 is considered a correction and the recovery off

the Mar 25 low of 111.925 is likely a bullish development. To confirm this

though, price still needs to clear the 112.270 resistance, Mar 30 high which

remains the next objective. A break of 112.270 would open 112.297, a Fibonacci

retracement. Key support is 111.925.