(U18) 55-DMA & 99.140 Key......>

SHORT-STERLING TECHS: (U18) 55-DMA & 99.140 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: 99.194 Daily Bear channel top off May 30 high

*PREVIOUS CLOSE: 99.155

*SUP 1: 99.150 Low July 5

*SUP 2: 99.147 Bollinger band base

*SUP 3: 99.144 100-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 now look for a close below 99.140 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.