(Z17) Bears Need Close Below...>

SHORT-STERLING TECHS: (Z17) Bears Need Close Below 99.590

*RES 4: 99.690 2017 Highs June 12 & 13

*RES 3: 99.672 Weekly Bollinger band top

*RES 2: 99.650 High June 21

*RES 1: 99.610 Bollinger band top, High July 27

*PREVIOUS CLOSE: 99.610

*SUP 1: 99.590 Low July 27

*SUP 2: 99.570 Low July 25

*SUP 3: 99.560 Low July 20

*SUP 4: 99.540 Alternating daily support/resistance

*COMMENTARY: The break of the 99.590 resistance is now gaining traction with

bulls shifting focus to tests of 99.650 and then 2017 highs above. The Bollinger

top and O/B daily studies remain key concerns for bulls with potential to limit

follow through. Bears now need a close below 99.590 to ease immediate bullish

pressure and hint at a correction back to 99.540-560 where the 21-DMA & 200-DMAs

are noted.