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(Z17) 99.560 Support Key.......>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (Z17) 99.560 Support Key
*RES 4: 99.690 2017 Highs June 12 & 13
*RES 3: 99.650 High June 21
*RES 2: 99.610 Bollinger band top
*RES 1: 99.600 High July 26
*PREVIOUS CLOSE: 99.590
*SUP 1: 99.570 Low July 25
*SUP 2: 99.560 Low July 20
*SUP 3: 99.540 Alternating daily support/resistance
*SUP 4: 99.537 200-DMA
*COMMENTARY: Bulls managed a break of the 99.590 resistance but the lack of
follow through is less than ideal with daily studies at O/B levels and looking
to correct. The 99.560 support remains key with bears needing a close below to
ease bullish pressure and shift immediate focus back to 21 & 200-DMAs
99.537-538. While 99.570 supports bulls now focus on tests of the 99.650 high
from June 21.

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