(U18) Bears Need Close Below...>

SHORT-STERLING TECHS: (U18) Bears Need Close Below 200-DMA

*RES 4: 99.350 100-WMA

*RES 3: 99.300 High May 25-30

*RES 2: 99.260 Lows May 25 & 30 now resistance

*RES 1: 99.235 21-DMA

*PREVIOUS CLOSE: 99.210

*SUP 1: 99.191 200-DMA

*SUP 2: 99.140 Lows May 30 - Apr 3

*SUP 3: 99.131 100-DMA, 21-WMA

*SUP 4: 99.129 55-DMA

*COMMENTARY: The lack of topside follow through on last week's highs has

resulted in the contract correcting lower. Bears take comfort as the contract

gains traction below the 21-DMA. Bears now look for a close below the 200-DMA to

confirm initial focus on 99.129-140 where key DMA and WMAs are noted. The 21-DMA

is initial resistance but bulls need a close above 99.260 to gain breathing

room.