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(U18) 55-DMA The Next Line.....>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (U18) 55-DMA The Next Line Of Attack
*RES 4: 99.300 High May 31 
*RES 3: 99.220 High June 26 
*RES 2: 99.205 High July 18 
*RES 1: 99.193 55-DMA 
*PREVIOUS CLOSE: 99.165 
*SUP 1: 99.155 Channel resistance from May 31 high now support 
*SUP 2: 99.154 21-DMA 
*SUP 3: 99.150 Lows July 5 & 23 
*SUP 4: 99.125 Lows August 2 
The rally above its 200-DMA has confirmed the breakout of the downtrend from the
May 31 highs, and bulls now set their sights on the 55-DMA which currently sits
at 99.139. Bears need to close back below channel resistance-turned-support at
99.155 to re-establish the downward trend and put the focus back on the August 2
lows.

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