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(Z17) Below 99.540 Targets.....>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (Z17) Below 99.540 Targets 99.470-480
*RES 4: 99.620 Low Aug 8 & 9 now resistance
*RES 3: 99.603 100-DMA
*RES 2: 99.593 55-DMA
*RES 1: 99.558 200-DMA
*PREVIOUS CLOSE: 99.550
*SUP 1: 99.540 Low Sept 12
*SUP 2: 99.515 Daily Bull channel base
*SUP 3: 99.510 Repeated daily lows July
*SUP 4: 99.480 Repeated daily lows June
*COMMENTARY: Bears take comfort in the aggressive sell-off and bearish close
below the 200-DMA Tuesday that sees bears looking for a close below 99.540 to
confirm focus on the 99.470-480 support region where monthly lows are located.
Layers of resistance are weighing with bulls now needing a close above the
200-DMA to gain breathing room and above the 100-DMA to shift focus back to
99.620-640.

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