(M9) Bears Target Friday's Lows *RES...>

SCHATZ TECHS: (M9) Bears Target Friday's Lows

*RES 4: 111.910 High Feb19 (continuation chart) 

*RES 3: 111.895/886 High Feb 26/50-dma (continuation chart) 

*RES 2: 111.870 High Mar 8 

*RES 1: 111.855 High Mar 11 

*PRICE: 111.830 @ 05:12 GMT Mar 12 

*SUP 1: 111.820 Low Mar 8 

*SUP 2: 111.755 Low Mar 7 

*SUP 3: 111.795 Low Mar 6 

*SUP 4: 111.740 Low Mar 5 

Schatz futures are edging back down towards Friday's low at 111.820 with a break

shifting the near term outlook negative and opening Thursday's low at 111.755.

Below here would bring the March 5/6 lows into focus and suggest a continuation

of the broader bearish trend. To reignite upside momentum bulls look to take out

yesterday's high at 111.855 to open Friday's high at 111.870. Above here would

see a break above down trendline resistance from the Jan 16 highs.