(U18) Bulls Need Close Above...>

SHORT-STERLING TECHS: (U18) Bulls Need Close Above 99.230

*RES 4: 99.285 Bollinger band top

*RES 3: 99.260 Lows May 25 & 30 now resistance

*RES 2: 99.227 21-DMA

*RES 1: 99.210 Low June 14 now resistance

*PREVIOUS CLOSE: 99.205

*SUP 1: 99.185 Low June 27

*SUP 2: 99.178 55-DMA

*SUP 3: 99.172 200-DMA

*SUP 4: 99.140 Lows May 30 - Apr 3

*COMMENTARY: Pressure on 55 & 200-DMAs has failed to produce a break lower with

bears looking for a close below the 200-DMA now to confirm focus on the 100-DMA.

Bears need a close below the 200-DMA to target 98.990-99.060 where 2018 lows are

situated. Layers of resistance are slowing the recovery with bulls now needing a

close above 99.230 to confirm a break of the 21-DMA and hint at a move back to

99.300 with above 99.260 to confirm.