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(H18) 99.230 Support Now Key...>

SHORT-STERLING TECHS: (H18) 99.230 Support Now Key
*RES 4: 99.450 Low Sept 13 now resistance
*RES 3: 99.410 High Sept 15
*RES 2: 99.390 Monthly Lows June 30 now resistance
*RES 1: 99.360 Highs Sept 18 & 19
*SUP 1: 99.310 Low Sept 20
*SUP 2: 99.230 High June 21 2016 now support
*SUP 3: 99.110 Monthly Low June 23 2016
*SUP 4: 99.040 Monthly Low May 31 2016
*COMMENTARY: Losses continued for H18 last week with bearish focus on 99.230
with a close below needed to target 98.980-99.040 where Apr & May 2016 lows are
situated. Very O/S studies remain the key concern for bears. Initial resistance
is still noted at 99.360 with bulls needing a close above to gain breathing
room. A close above 99.410 shifts focus back to the 200-DMA (99.509).

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