(Z17) Bulls Need Close Above...>

SHORT-STERLING TECHS: (Z17) Bulls Need Close Above 99.510

*RES 4: 99.602 100-DMA

*RES 3: 99.594 55-DMA

*RES 2: 99.559 200-DMA

*RES 1: 99.540 Low Sept 12 now resistance

*PREVIOUS CLOSE: 99.510

*SUP 1: 99.490 Low Sept 14

*SUP 2: 99.480 Monthly Lows June & July

*SUP 3: 99.470 Monthly Low Mar 24

*SUP 4: 99.450 Highs Jan 30-Feb 2 now support

*COMMENTARY: Price action this week has so far seen June-Sept gains erased in

just over a week with immediate bearish focus on 99.470-480. Bears look for a

close below 99.470 to shift focus to tests of 2017 lows (99.410). Initial

resistance is noted at 99.540 with bulls needing a close above to ease bearish

pressure. A close above the 100-DMA to see bulls regain the upper hand and focus

return to 99.670-690.