(U18) Bears Need Close Below...>

SHORT-STERLING TECHS: (U18) Bears Need Close Below 100-DMA

*RES 4: 99.260 Lows May 25 & 30 now resistance

*RES 3: 99.257 Bollinger band top

*RES 2: 99.230 Lows June 18 & 19 now resistance

*RES 1: 99.204 21-DMA

*PREVIOUS CLOSE: 99.180

*SUP 1: 99.168 200-DMA

*SUP 2: 99.150 Low July 5

*SUP 3: 99.140 Lows May 30 - Apr 3

*SUP 4: 99.135 100-DMA

*COMMENTARY: Time spent below the 200-DMA has been brief with bulls taking

comfort in Monday's bounce despite it remaining capped around the 21-DMA. Bulls

still need a close above the 21-DMA to ease bearish pressure and above 99.230 to

shift focus back to 99.260. The 100-DMA remains key support. Bears 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.