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(Z18) Bullish Divergence *RES 4:.......>

SCHATZ TECHS
SCHATZ TECHS: (Z18) Bullish Divergence
*RES 4: 112.020 High Aug 17 
*RES 3: 111.970 High Sep 3 
*RES 2: 111.895 High Sep 6 
*RES 1: 111.867 55-dma 
*PREVIOUS CLOSE: 111.805 
*SUP 1 111.710 Low Sep 25,26,27 
*SUP 2 111.600 Support 
*SUP 3 111.510 Bear channel bottom (continuation chart) 
*SUP 4 111.360 Low Dec 2015 (continuation chart) 
While Bund and Bobl futures hit new cycle lows last week Schatz futures did not
manage to do so, creating a potential bullish divergence across the space. Bulls
need to recover the 55-dma resistance at 111.867 to shift the outlook positive
and target the Sep 6 high. On the downside, September low of 111.710 is needed
to cement the downtrend. 

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