(Z17) Pullback Continues, Enters.......>

SCHATZ TECHS: (Z17) Pullback Continues, Enters 112.030-112.000 Support Band

*RES 4: 112.180 Dec 13 high

*RES 3: 112.160 Congestion area Dec 11-14

*RES 2: 112.130 Dec 12, Dec 13 lows, now resistance

*RES 1: 112.090/100 Hourly resistance

*PRICE: 112.030 @0911GMT

*SUP 1: 112.030 Oct 26, Nov 30 lows

*SUP 2: 112.020 0.1% volatility band

*SUP 3: 112.000 Sep 29 low, 61.8% Fibo of 111.81-112.31

*SUP 4: 111.930 76.4% Fibo of 111.81-112.31

*COMMENTARY* The loss of 112.080-112.060 support has returned focus to the

downside and to 112.030-112.020 in particular. Bigger questions of direction are

then asked here. In the interim, resistance falls to 112.090-112.100 but likely

needing a move back above 112.130 before any confidence in a recovery is

revealed. Loss of 112.020 then sees 112.000 as the brake against a deeper

111.930 decline.