(M18) Looking Offered *RES.....>

SHORT-STERLING TECHS: (M18) Looking Offered

*RES 4: 99.233 100-DMA

*RES 3: 99.220 Repeated daily highs Feb

*RES 2: 99.210 High Apr 20

*RES 1: 99.185 Low Apr 23 now resistance

*PREVIOUS CLOSE: 99.170

*SUP 1: 99.160 Low Apr 24

*SUP 2: 99.145 High Apr 18 now support

*SUP 3: 99.118 21-DMA

*SUP 4: 99.095 Low Apr 13

*COMMENTARY: With the move previously identified as being a little overdone the

contract is now offered having dipped below the 55-DMA (99.167) as daily studies

correct from O/B. Bears need a close below 99.145 to increase confidence and

below the 21-DMA to return focus to 99.075-095 where 2018 lows are situated.

Bulls now look for a close above 99.185 to gain breathing room and above the

100-DMA to shift focus to the key 99.270 resistance.