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(H18) 55-DMA Resistance Key....>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) 55-DMA Resistance Key
*RES 4: 99.450 Low Sept 13 now resistance
*RES 3: 99.412 55-DMA
*RES 2: 99.410 High Sept 15
*RES 1: 99.400 High Nov 3, 6 & 7
*PREVIOUS CLOSE: 99.390
*SUP 1: 99.370 Hourly resistance Oct 23 now support
*SUP 2: 99.350 Alternating daily support/resistance
*SUP 3: 99.310 Low Nov 1
*SUP 4: 99.300 2017 Low Oct 17
*COMMENTARY: Bulls regained the upper hand with focus having returned to
99.410-412. Bulls continue to look for a close above the 55-DMA to add support
to their case for a test of 100 (99.457) & 200 (99.493) DMAs. Layers of support
have been left behind with bears needing a close below 99.370 to ease bullish
pressure and below 99.350 to shift focus back to 99.300-310 where 2017 lows are
noted.

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