(Z18) Testing Channel Support *RES.....>

SCHATZ TECHS: (Z18) Testing Channel Support

*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: 111.730

*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 are testing support at the channel base from the Aug 28

lows as bears continue to put the pressure on. Below 111.720 would bring the

April lows into play. A break above the Sep 21 high at 111.820 would be needed

to allow the 55-dma at 111.895 to come into focus but the momentum is against

such a move.