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(Z17) Bulls Reconfirm..........>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (Z17) Bulls Reconfirm Dominance
*RES 4: 99.690 2017 Highs June 12 & 13
*RES 3: 99.650 High June 21
*RES 2: 99.626 Bollinger band top
*RES 1: 99.620 High Aug 3, Daily bull channel top
*PREVIOUS CLOSE: 99.610
*SUP 1: 99.588 55-DMA
*SUP 2: 99.561 21-DMA
*SUP 3: 99.560 Low July 20, Low Aug 3
*SUP 4: 99.540 200-DMA, Alternating daily support/resistance
*COMMENTARY: The 21-DMA confirmed significance providing the base for an
aggressive rally that sees bull regain control and focus back on 99.650-690. The
55-DMA is noted as initial support with bears needing a close below to ease
bullish pressure and shift focus back to 99.560-561. Below 99.560 is needed to
confirm a break of the 21-DMA and pressure 99.537-540 where the bull channel
base and 200-DMA are situated.

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