(Z17) Bulls Need Close Above...>

SHORT-STERLING TECHS: (Z17) Bulls Need Close Above 99.490

*RES 4: 99.593 55-DMA

*RES 3: 99.559 200-DMA

*RES 2: 99.540 Low Sept 12 now resistance

*RES 1: 99.490 Low Sept 14 now resistance

*PREVIOUS CLOSE: 99.470

*SUP 1: 99.450 Highs Jan 30-Feb 2 now support

*SUP 2: 99.430 Repeated daily lows Jan

*SUP 3: 99.410 2017 Low Jan 27

*SUP 4: 99.389 100-WMA

*COMMENTARY: Price action last week saw June-Sept gains erased in just over a

week with immediate bearish focus now on 99.392-410 where the 100-WMA and 2017

lows are located. Daily studies remain O/S and the Bollinger base (99.492) is

also a key concern for bears. In saying that, bulls need a close above 99.490 to

ease immediate bearish pressure and above the 200-DMA to shift focus to

99.593-600 where 55 & 100-DMAs are found.