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(Z17) Bulls Need Close Above...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (Z17) Bulls Need Close Above 99.650
*RES 4: 99.690 2017 Highs June 12 & 13
*RES 3: 99.678 Weekly Bollinger band top
*RES 2: 99.650 High June 21
*RES 1: 99.640 Bollinger band top, High Aug 7
*PREVIOUS CLOSE: 99.630
*SUP 1: 99.620 Low Aug 8 & 9
*SUP 2: 99.600 Low Aug 4
*SUP 3: 99.588 55-DMA
*SUP 4: 99.582 21-DMA
*COMMENTARY: Hesitation ahead of 99.650 is less than ideal for bulls who look
for a close above to add support to their case for a test of 99.690 2017 highs.
Initial support is now noted at 99.620 with bears needing a close below to gain
breathing room and below 99.600 to shift focus to key DMAs 99.582-588. The
Bollinger top (99.646) is the key concern for bulls with potential to limit
follow through.