(H18) Pressuring Key Support...>

SHORT-STERLING TECHS: (H18) Pressuring Key Support

*RES 4: 99.410 High Sept 15

*RES 3: 99.390 Monthly Lows June 30 now resistance

*RES 2: 99.360 Highs Sept 18 & 19

*RES 1: 99.335 21-DMA

*PREVIOUS CLOSE: 99.310

*SUP 1: 99.310 Low Sept 20 & 28

*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: Sideways trading 99.310-360 continues with bears needing a close

below 99.310 to reconfirm a bearish bias and target 99.110-230. Key resistance

is still noted at 99.360 with bulls needing a close above to gain breathing

room. A close above 99.410 remains needed to shift focus to 99.473-520 where 55,

100 & 200-DMAs are clustered. Momentum studies have corrected their previously

O/S condition and are well placed for a fresh leg lower.