(Z18) Higher Lows *RES 4: 112.020.....>

SCHATZ TECHS: (Z18) Higher Lows 

*RES 4: 112.020 High Aug 17 

*RES 3: 111.970 High Sep 3 

*RES 2: 111.895 High Sep 6 

*RES 1: 111.863 55-dma 

*PREVIOUS CLOSE: 111.800 

*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) 

Schatz futures recovered their losses to finish the day positive, keeping the

trend of higher lows since late September intact. To gain upside momentum bulls

would need to overcome Tuesday's high of 111.845, which would open the 55-dma at

111.863. On the downside, a break below the September lows of 111.710 is needed

to suggest a continuation of the broader bearish trend.