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Stg0.8747-Stg0.8761 In Way Of...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Stg0.8747-Stg0.8761 In Way Of Better Recovery
*RES 4: Stg0.8900 Hourly low Nov 28, now resistance
*RES 3: Stg0.8880 Hourly recovery high Nov 28
*RES 2: Stg0.8855/61 Hourly resistance, recovery high Nov 29
*RES 1: Stg0.8845/47 Dec 1 high, Nov 28 low
*PRICE: Stg0.8825 @1053GMT
*SUP 1: Stg0.8776 1% volatility band, Dec 1 low
*SUP 2: Stg0.8756 1.618 swing of Stg0.8842-Stg0.8981
*SUP 3: Stg0.8745 Equality from 0.8880 to 0.8982-0.0.8847
*SUP 4: Stg0.8733 Nov 1 low
*COMMENTARY* Found a base at Stg0.8776 last Thursday, at the beginning of some
congested support levels from between there and Stg0.8733, the Nov 1 low. The
resultant rally aided by some near term oversold conditions, now sees resistance
from Stg0.8847-Stg0.8861 as barring the way to any better correction of losses
from last Tuesday's Stg0.8982 peak, with Stg0.8880 then the brake to a
Stg0.8900-Stg0.8933 rise.

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