(M9) Downtrend Gives Way *RES 4:......>

SCHATZ TECHS: (M9) Downtrend Gives Way 

*RES 4: 112.005 High March 27 

*RES 3: 111.995 High Apr 2,3 

*RES 2: 111.950 High Apr 10 

*RES 1: 111.923 21-dma

*PRICE: 111.910 @ 04:58 GMT Apr 23 

*SUP 1: 111.866/860 55-dma/Low Apr 15 

*SUP 2: 111.845 Low Mar 22 

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

*SUP 4: 111.725 Low Mar 4 

Schatz futures have broken above down trendline resistance allowing bulls to now

target the 21-dma at 111.923 to shift the outlook positive. Above here would

open the April 10 high at 111.950 ahead of the April 2,3 highs at 111.995. Bears

need a close below the 55-dma/April 15 low at 111.866/860 to extend the selloff

to the march 22 low at 111.845.