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(U18) 200-DMA & 99.260.........>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (U18) 200-DMA & 99.260 Levels Key
*RES 4: 99.350 100-WMA
*RES 3: 99.300 High May 25-30
*RES 2: 99.260 Lows May 25 & 30 now resistance
*RES 1: 99.240 High June 8
*PREVIOUS CLOSE: 99.220
*SUP 1: 99.189 200-DMA
*SUP 2: 99.140 Lows May 30 - Apr 3
*SUP 3: 99.132 55-DMA, 21-WMA
*SUP 4: 99.131 100-DMA
*COMMENTARY: The lack of topside follow through on last week's highs has
resulted in the contract correcting lower. Bears take comfort in the 21-DMA
capping Friday and now look for a close below the 200-DMA to confirm initial
focus on 99.131-140 where key DMA and WMAs are noted. The 99.260 resistance
remains key this week. Bulls need a close above to gain breathing room and
return focus to 2018 highs.

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