(H18) Bulls Need Close Above...>

SHORT-STERLING TECHS: (H18) Bulls Need Close Above 99.360

*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

*PREVIOUS CLOSE: 99.330

*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 and

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 is needed to shift focus back to the 200-DMA

(99.507).