(Z9) Sell-Off Ends Corrective..........>

SCHATZ TECHS: (Z9) Sell-Off Ends Corrective Recovery

*RES 4: 112.440 50.0% retracement of Sep 3 - Sep 13 decline

*RES 3: 112.375 38.2% retracement of Sep 3 - Sep 13 decline

*RES 2: 112.365 High Oct 3 and intraday bull trigger

*RES 1: 112.290 High Oct 10

*PRICE: 112.200 @ 03:02 GMT Oct 11

*SUP 1: 112.190 Low Oct 10

*SUP 2: 112.165 Low Sep 13 and bear trigger

*SUP 3: 112.025 0.618 projection of Sep 3 - Sep 13 decline from Oct 3 high

*SUP 4: 112.00 Round number support

Z9 Schatz sold off sharply yesterday in a move that signals the end of the

recent recovery from Sep 13. The move lower also highlights the fact that the

recovery since Sep 13 has been a correction. With the correction most likely

over, bearish pressure is likely to dominate near-term. Attention shifts to the

112.165, Sep 13 low where a break would open 112.025, a Fibonacci projection.

Yesterday's 112.290 high marks initial resistance.