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(Z17) 99.620 & 99.650 Levels...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (Z17) 99.620 & 99.650 Levels Key
*RES 4: 99.690 2017 Highs June 12 & 13
*RES 3: 99.682 Weekly Bollinger band top
*RES 2: 99.653 Bollinger band top
*RES 1: 99.650 High June 217
*PREVIOUS CLOSE: 99.640
*SUP 1: 99.620 Low Aug 8 & 9
*SUP 2: 99.600 Low Aug 4
*SUP 3: 99.593 21-DMA
*SUP 4: 99.588 55-DMA, 100-DMA
*COMMENTARY: The 99.650 resistance has capped on the first attempt to break for
a fresh leg higher targeting 99.690 2017 highs. Initial support remains at
99.620 with bears needing a close below to gain breathing room and below 99.600
to shift focus to key DMAs 99.588-593. The Bollinger top (99.653) remains the
key concern for bulls with potential to limit follow through.
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