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(U18) 100-DMA Now Key..........>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (U18) 100-DMA Now Key Support
*RES 4: 99.260 Lows May 25 & 30 now resistance
*RES 3: 99.230 Lows June 18 & 19 now resistance
*RES 2: 99.210 Low June 14 now resistance
*RES 1: 99.200 Lows June 6 - 8 now resistance
*PREVIOUS CLOSE: 99.195
*SUP 1: 99.175 Low June 21
*SUP 2: 99.165 55-DMA
*SUP 3: 99.140 Lows May 30 - Apr 3
*SUP 4: 99.133 100-DMA
*COMMENTARY: The failure at 99.260 this week confirmed the significance of this
level and has resulted in a break lower and a dip below the 200-DMA (99.177).
Bears now focus on the 100-DMA with a close below needed to shift focus back to
98.990-99.060 where 2018 lows are situated. Bulls now need a close above 99.210
to gain breathing room and above 99.260 to shift initial focus to 98.300 2018
highs.

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