(Z9) Sideways *RES 4: 112.165 Low......>

SCHATZ TECHS: (Z9) Sideways

*RES 4: 112.165 Low Sep 13 and former breakout level

*RES 3: 112.105 High Oct 23/24

*RES 2: 112.080 High Nov 31 and Nov 1 and key resistance

*RES 1: 112.045 High Nov 20 and intraday bull trigger

*PRICE: 112.005 @ 04:56 GMT Nov 28

*SUP 1: 111.970 Low Nov 21 and 22

*SUP 2: 111.960 Low Nov 11

*SUP 3: 111.940 Low Nov 7 and bear trigger

*SUP 4: 111.815 1.000 projection of Sep 3 - Sep 13 decline from Oct 3 high

Last weeks price action in Z9 Schatz was consolidative resulting in a relatively

shallow pullback and activity this week has so far remained consolidative too.

Key resistance has been defined at 112.045, Nov 20 high where a break would

confirm a resumption of gains that started on Nov 8. Last weeks activity however

also signalled that recent S/T bullish momentum has faded. Support is at

111.970, a break would expose the bear trigger at 111.940, Nov 7 low.