(Z18) Holding Above Sep Lows *RES 4:...>

SCHATZ TECHS: (Z18) Holding Above Sep Lows

*RES 4: 112.020 High Aug 17 

*RES 3: 111.970 High Sep 3 

*RES 2: 111.895 High Sep 6 

*RES 1: 111.868 55-dma 

*PREVIOUS CLOSE: 111.760 

*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 outperformed last week with the key September low of 111.710

remaining intact. The bigger picture trend remains bearish but a break below

this level is needed to cement the downtrend. Bulls need to recover the Oct 4

high at 111.795 to challenge 55-dma resistance at 111.868, above which they can

target the Sep 6 high.