(Z18) Bears Still In Control *RES.....>

SCHATZ TECHS: (Z18) Bears Still In Control 

*RES 4: 112.020 High Aug 20 

*RES 3: 111.970 High Sep 3 

*RES 2: 111.930 55-dma 

*RES 1: 111.895 High Sep 6 

*PREVIOUS CLOSE: 111.840 

*SUP 1: 111.790 Low Aug 1 

*SUP 2: 111.720 Low May 15 

*SUP 3: 111.675 Low Apr 24 

*SUP 4: 111.650 Low Mar 13 

Despite yesterday's slight recovery the bears remain in charge with the Aug 1

low at 111.790 still in sight. A break below this level would trigger a large

scale topping pattern in Schatz futures. Bulls need to quickly recover the Sep 6

high of 111.895 to take the pressure off, but would need a close back above the

55-dma at 111.930 to shift the outlook more constructive.