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(Z18) Down Trendline Resistance........>

SCHATZ TECHS
SCHATZ TECHS: (Z18) Down Trendline Resistance Approaching
*RES 4: 112.080 High Aug 13,15,17 (continuation chart) 
*RES 3: 112.050 Double bottom target (continuation chart) 
*RES 2: 112.035 High Oct 26 
*RES 1: 112.030 High Nov 15 
*PREVIOUS CLOSE: 112.000 
*SUP 1: 111.940 Low Nov 26 
*SUP 2: 111.891 55-dma 
*SUP 3: 111.885 Low Nov 8 
*SUP 4: 111.745 Low Oct 11 
DEC 18 Schatz futures followed the Bund and Bobl higher yesterday but the Nov 15
highs remain intact. Down trendline resistance from the Oct 26 high is in focus
which comes in at 120.020, above which the Nov 15 and Oct 26 highs would come
under pressure. On the downside, a break below Monday's low at 111.940 would
target the and 55-dma and Nov 8 low at 111.885/91.

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