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(H18) 99.230 Support Now Key...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) 99.230 Support Now Key
*RES 4: 99.450 Low Sept 13 now resistance
*RES 3: 99.410 High Sept 15
*RES 2: 99.390 Monthly Lows June 30 now resistance
*RES 1: 99.360 Highs Sept 18 & 19
*PREVIOUS CLOSE: 99.330
*SUP 1: 99.310 Low Sept 20
*SUP 2: 99.230 High June 21 2016 now support
*SUP 3: 99.110 Monthly Low June 23 2016
*SUP 4: 99.040 Monthly Low May 31 2016
*COMMENTARY: Losses have continued for H18 this week with bearish focus now on
99.230 with a close below needed to target 98.980-99.040 where Apr & May 2016
lows are situated. Very O/S studies and the Bollinger base (99.295) remain key
concerns for bears. Initial resistance is noted at 99.360 with bulls needing a
close above to gain breathing room. A close above 99.410 shifts focus back to
the 200-DMA (99.509).
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