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

SCHATZ TECHS
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.

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