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

SHORT-STERLING TECHS: (U18) 200-DMA & 99.260 Levels Key

*RES 4: 99.347 100-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: 99.230

*SUP 1: 99.188 200-DMA

*SUP 2: 99.140 Lows May 30 - Apr 3

*SUP 3: 99.135 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 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 the 21-DMA to gain breathing room and above

99.260 to return focus to 2018 highs.