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(Z9) Trend resistance at 112.297.......>

SCHATZ TECHS
SCHATZ TECHS: (Z9) Trend resistance at 112.297
*RES 4: 112.520 High Sep 10 and 12
*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: 112.297 Trendline resistance drawn off the Sep 3 high
*PRICE: 112.270 @ 03:28 GMT Sep 24
*SUP 1: 112.165 Low Sep 13
*SUP 2: 112.115 3.000 projection of Sep 6 - Sep11 decline from Sep 12 high
*SUP 3: 112.032 3.618 projection of Sep 6 - Sep11 decline from Sep 12 high
*SUP 4: 112.000 Round number support
Z9 Schatz traded higher yesterday but remains in a consolidative mode. Recent
activity still appears to be developing into a bear flag, a continuation pattern
that reinforces the bearish theme, particularly following the steep slide on Sep
12. Support at 112.167, the 2.618 projection of the Sep 6 - Sep 11 decline from
Sep 12 high remains intact with only a brief test below it Sep 13. A break of
the 112.165 low of Sep 13 would open 112.167/032. Trend resistance is 112.297.

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