(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: 99.340

*SUP 1: 99.330 Lows Oct 4 - 6 & 9 - 10

*SUP 2: 99.310 Low Sept 20 & 28

*SUP 3: 99.230 High June 21 2016 now support

*SUP 4: 99.110 Monthly Low June 23 2016

*COMMENTARY: Despite looking heavy bears failed to manage the close below 99.310

needed to pressure 99.230. Narrowing Bollinger bands have a way to go but are

hinting at a breakout in the near future. Key resistance is still noted at

99.360 with bulls needing a close above to gain breathing room. A close above

99.410 is again needed to shift focus to 99.488-520 where 55, 100 & 200-DMAs are

clustered.