(Z17) O/B Studies Correcting...>

SHORT-STERLING TECHS: (Z17) O/B Studies Correcting

*RES 4: 99.690 2017 Highs June 12 & 13

*RES 3: 99.650 High June 21

*RES 2: 99.620 Bollinger band top

*RES 1: 99.610 High July 27 & 28

*PREVIOUS CLOSE: 99.580

*SUP 1: 99.579 100-DMA

*SUP 2: 99.570 Low July 25

*SUP 3: 99.560 Low July 20

*SUP 4: 99.540 Alternating daily support/resistance

*COMMENTARY: O/B daily studies looking to correct appear to be impacting with a

sell-off and bearish close that sees pressure back on the 100-DMA. Bears now

look for a close below the 100-DMA to confirm focus on 99.530-560 where 21 &

200-DMAs and the bull channel base are situated. The 99.610 resistance remains

key with bulls needing a close above to reconfirm a bullish bias targeting

99.650-690.