(Z18) Still Bearish Below 111.820......>

SCHATZ TECHS: (Z18) Still Bearish Below 111.820

*RES 4: 111.970 High Sep 3 

*RES 3: 111.895 55-dma 

*RES 2: 111.895 High Sep 6 

*RES 1: 111.820 High Sep 21 

*PREVIOUS CLOSE: 111.760 

*SUP 1: 111.720 Low May 15, channel bottom 

*SUP 2: 111.700 Support 

*SUP 3: 111.675 Low Apr 24 

*SUP 4: 111.650 Low Mar 13 

Dec-18 Schatz futures closed on their highs suggesting the downtrend is losing

steam. Bulls now look for a close above the Sep 19 low of 111.760 to target the

Sep 21 high at 111.820. Above here would hint at a bullish reversal pattern.

Below 111.820 keeps the broader downtrend intact and the April lows in focus for

the bears.