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(Z9) Tight Ranges *RES 4: 112.165......>

SCHATZ TECHS
SCHATZ TECHS: (Z9) Tight Ranges
*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: 112.000 @ 04:56 GMT Nov 29
*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
Z9 Schatz is consolidating and continues to trade in a tight range. 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. The recent consolidation however
has signalled that the brief climb between Nov 7 and Nov 14 has failed to gather
any significant momentum. Watch support at 111.970, a break would expose the
bear trigger at 111.940, Nov 7 low.

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