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(Z18) Weak Close Keeps Focus Lower.....>

SCHATZ TECHS
SCHATZ TECHS: (Z18) Weak Close Keeps Focus Lower
*RES 4: 112.020 High Aug 20 
*RES 3: 111.970 High Sep 3 
*RES 2: 111.925 55-dma 
*RES 1: 111.895 High Sep 6 
*PREVIOUS CLOSE: 111.820 
*SUP 1: 111.790 Low Aug 1 
*SUP 2: 111.720 Low May 15 
*SUP 3: 111.675 Low Apr 24 
*SUP 4: 111.650 Low Mar 13 
Dec-18 Schatz futures ended last week on a bearish note, just ahead of the Sep
11 low of 111.800. Below here would open up the Aug 1 low at 111.790 and a break
below here would trigger a large scale topping pattern. Bulls need to recover
the Sep 6 high of 111.895 to take the pressure off, but would need a close back
above the 55-dma at 111.925 to materially improve the outlook.

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