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(M0) Still Retracing *RES 4: 113.918...>

SCHATZ TECHS
SCHATZ TECHS: (M0) Still Retracing
*RES 4: 113.918 1.236 projection of Mar '18 - Mar '19 rally from Jan 21 low
*RES 3: 112.900 Contract high Mar 9 and bull trigger
*RES 2: 112.855 High Mar 12
*RES 1: 112.745 High Mar 13
*PRICE: 112.530 @ 05:03 GMT Mar 17
*SUP 1: 112.444 20-day EMA
*SUP 2: 112.420 Low Mar 5
*SUP 3: 112.390 Low Mar 4
*SUP 4: 112.320 Low Mar 3
Schatz remains softer as the correction that unfolded last week extends. Price
is trading close to a key short-term area of support at 112.444, the 20-day EMA.
A clear breach of this area of support would suggest scope for a deeper pullback
and open 112.390, the Mar 4 low and potentially the 112.246 level, the 50-day
EMA. On the upside, initial firm resistance is seen at 112.745, Mar 13 high.

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