SCHATZ(U18) Outlook Shifts Positive....>

SCHATZ TECHS: SCHATZ(U18) Outlook Shifts Positive

*RES 4: 112.270 High May 30 

*RES 3: 112.130 High July 2 

*RES 2: 112.080 High July 6/Aug13,15,17 

*RES 1: 112.030 High Aug 22 

*PREVIOUS CLOSE: 111.990 

*SUP 1: 111.920 Low Aug 8 

*SUP 2: 111.850 Low Aug 1 

*SUP 3: 111.815 May 22 

*SUP 4: 111.710 May 15 

The rally in the Sep-18 Schatz yesterday recovered almost 5 days worth of prior

losses suggesting that the drop from the Aug 17 peak was a correction within a

broader rally. Bulls have their eye on the Aug 22 highs ahead of the Aug 17

peak, and a break above here would shift the focus back to the May 30 spike

high. Bears need to close below 111.920 to shift the outlook back to negative.