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(U18) Above 99.230 To..........>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (U18) Above 99.230 To Confirm 21-DMA Break
*RES 4: 99.230 Lows June 18 & 19 now resistance
*RES 3: 99.211 21-DMA
*RES 2: 99.193 55-DMA
*RES 1: 99.185 Low June 27
*PREVIOUS CLOSE: 99.175
*SUP 1: 99.168 200-DMA, Bollinger band base
*SUP 2: 99.147 Daily Bear channel base
*SUP 3: 99.140 Lows May 30 - Apr 3
*SUP 4: 99.134 100-DMA
*COMMENTARY: Immediate pressure is now on the 200-DMA with bears needing a close
below to shift initial focus to 99.134-147 where the 100-DMA is noted. The
Bollinger base and studies approaching O/S are the key concern for bears. Bulls
now need a close above the 21-DMA to ease bearish pressure and above 99.230 to
shift focus back to 99.260. Bears continue to look for a close below the 100-DMA
to target 2018 lows.

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