(U18) 55 & 100-DMAs Key *RES...>

SHORT-STERLING TECHS: (U18) 55 & 100-DMAs Key

*RES 4: 99.230 Lows June 18 & 19 now resistance

*RES 3: 99.220 High June 28

*RES 2: 99.208 55-DMA, Bear channel top off May 30 high

*RES 1: 99.189 21-DMA

*PREVIOUS CLOSE: 99.165

*SUP 1: 99.150 Low July 5

*SUP 2: 99.140 Lows May 30 - Apr 3

*SUP 3: 99.139 Bollinger band base

*SUP 4: 99.138 100-DMA

*COMMENTARY: The contract remains capped ahead of the 21 & 55-DMAs with

immediate focus on the 100-DMA. Bears continue to look for a close below the

100-DMA to shift initial focus back to 99.060 and overall focus back to

98.990-000 where 2018 lows are noted. Bulls need a close above 21 & 55-DMAs to

gain breathing room and above 99.230 to confirm a break of the bear channel top

and shift immediate focus back to 99.260.