(M9) 111.905 Remains The Focus *RES....>

SCHATZ TECHS: (M9) 111.905 Remains The Focus

*RES 4: 111.995 High Jan 16 

*RES 3: 111.924 High Feb 8/Jan 29/200-dma(continuation chart) 

*RES 2: 111.910 High Feb 19 (continuation chart) 

*RES 1: 111.905 High Mar 22 

*PRICE: 111.895 @ 04:39 GMT Mar 27 

*SUP 1: 111.845 Low Mar 22 

*SUP 2: 111.815 Low Mar 21 

*SUP 3: 111.795/785 Low Mar 19,20/Low Mar 7 

*SUP 4: 111.750 Low Mar 6 

Schatz futures continue to trade within a very tight range as bulls consolidate

their recent gains. Friday's high at 111.905 remains key with a break shifting

the focus to the Feb 19 high on the continuation chart at 111.910. Bears

initially need to take out Friday's low at 111.845 to return the outlook

neutral, while a break below the 111.795 level would shift the momentum back to

the downside.