(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: 99.197 Daily Bear channel top off May 30 high

*PREVIOUS CLOSE: 99.180

*SUP 1: 99.150 Low July 5

*SUP 2: 99.149 Bollinger band base

*SUP 3: 99.143 100-DMA

*SUP 4: 99.140 Lows May 30 - Apr 3

*COMMENTARY: The contract has remained capped ahead of the 55-DMA 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.