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(Z9) Sideways *RES 4: 112.520 High.....>

SCHATZ TECHS
SCHATZ TECHS: (Z9) Sideways
*RES 4: 112.520 High Sep 10 and 12 and key resistance
*RES 3: 112.440 50.0% retracement of Sep 3 - Sep 13 decline
*RES 2: 112.375 38.2% retracement of Sep 3 - Sep 13 decline
*RES 1: 112.365 High Oct 3 and intraday bull trigger
*PRICE: 112.325 @ 03:16 GMT Oct 8
*SUP 1: 112.300 Low Oct 1 and key intraday support
*SUP 2: 112.280 Low Sep 27
*SUP 3: 112.225 Low Sep 24
*SUP 4: 112.185 Low Sep 19
Z9 Schatz activity remains quiet. The focus is on resistance at 112.345. This
level was probed last week however the breach failed to create any upside follow
through. For now, 112.365, Oct 3 high marks an important intraday bull trigger.
If cleared, this would signal potential for a stronger recovery through 112.375
to open 112.440, both retracement levels. Support lies at 112.300, Oct 1 low. A
break would undermine the potential for gains.

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