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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: 99.292 Bollinger band top
*RES 1: 99.260 Lows May 25 & 30 now resistance
*PREVIOUS CLOSE: 99.240
*SUP 1: 99.230 Lows June 18 & 19
*SUP 2: 99.210 Low June 14
*SUP 3: 99.200 Lows June 6 - 8
*SUP 4: 99.179 200-DMA
*COMMENTARY: Bulls failed to capitalise on the close above the 21-DMA (99.244)
with a close above 99.260 remaining needed to return focus to 2018 highs. The
Bollinger top is the key concern for bulls with potential to limit follow
through. Initial support is noted at 99.230 with bears needing a close below to
gain breathing room and below 99.200 needed to initially pressure the 200-DMA.

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