(Z9) Sideways *RES 4: 112.230 High.....>

SCHATZ TECHS: (Z9) Sideways

*RES 4: 112.230 High Oct 11/14

*RES 3: 112.180 High Oct 15

*RES 2: 112.165 Low Sep 13 and former breakout point

*RES 1: 112.130 High Oct 17 and intraday upside trigger

*PRICE: 112.070 @ 03:25 GMT Oct 24

*SUP 1: 112.065 Low Oct 17/21 and bear trigger

*SUP 2: 112.025 0.618 projection of Sep 3 - Sep 13 decline from Oct 3 high

*SUP 3: 112.000 Round number support

*SUP 4: 111.945 0.764 projection of Sep 3 - Sep 13 decline from Oct 3 high

Z9 Schatz is consolidating. From a trend perspective, the direction remains

down. To threaten this outlook, prices need to move above initial resistance at

112.130, Oct 17 low. Such a move would also have positive momentum behind it

which is currently in oversold territory. A break higher would open 112.230, Oct

11/14 high. On the downside, a move below 112.065 would instead confirm a

resumption of the broader downtrend in place since Sep 3.