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(U18) Bulls Need Close Above...>

SHORT-STERLING TECHS
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.

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