(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: 99.209 55-DMA

*RES 1: 99.202 Daily Bear channel top off May 30 high

*PREVIOUS CLOSE: 99.175

*SUP 1: 99.150 Low July 5

*SUP 2: 99.144 Bollinger band base

*SUP 3: 99.140 Lows May 30 - Apr 3, 100-DMA

*SUP 4: 99.120 Daily bear channel base

*COMMENTARY: The contract has remained 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 the 55-DMA to

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

to shift immediate focus back to 99.260.