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(U18) Bulls Need Close Above...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (U18) Bulls Need Close Above 99.260
*RES 4: 99.343 100-WMA
*RES 3: 99.300 High May 25-30
*RES 2: 99.260 Lows May 25 & 30 now resistance
*RES 1: 99.243 21-DMA
*PREVIOUS CLOSE: 99.230
*SUP 1: 99.210 Low June 14
*SUP 2: 99.200 Lows June6 - 8
*SUP 3: 99.181 200-DMA
*SUP 4: 99.153 55-DMA
*COMMENTARY: Bulls take comfort in support emerging ahead of the 200-DMA and
pressure remaining on 99.243-260. Bulls still need a close above the 21-DMA to
gain breathing room and above 99.260 to return focus to 2018 highs. Layers of
support remain in place as daily studies correct from O/S. Bears now need a
close below 99.210 to gain breathing room and below the 200-DMA to shift initial
focus back to 99.131-153 where 55 & 100-DMAs are noted.

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