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(Z17) 99.620 & 99.650 Levels...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (Z17) 99.620 & 99.650 Levels Remain Key
*RES 4: 99.690 2017 Highs June 12 & 13
*RES 3: 99.683 Weekly Bollinger band top
*RES 2: 99.662 Bollinger band top
*RES 1: 99.650 High June 21 & Aug Repeatedly
*PREVIOUS CLOSE: 99.640
*SUP 1: 99.630 Repeated Daily Lows Aug
*SUP 2: 99.620 Low Aug 8 & 9
*SUP 3: 99.609 21-DMA
*SUP 4: 99.600 Low Aug 4
*COMMENTARY: The 99.650 resistance continues to cap attempts to break for a
fresh leg higher targeting 99.690 2017 highs. Initial support is noted at 99.630
but bears look for a close below 99.620 to gain breathing room and below the
21-DMA to shift focus to 55 & 100-DMAs 99.588-593. The Bollinger top (99.662)
remains the key concern for bulls with potential to limit follow through.

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