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(H18) 99.330 Support Remains...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) 99.330 Support Remains Key
*RES 4: 99.450 Low Sept 13 now resistance
*RES 3: 99.410 High Sept 15
*RES 2: 99.400 High Oct 20
*RES 1: 99.370 Hourly resistance Oct 23
*PREVIOUS CLOSE: 99.350
*SUP 1: 99.330 Low Oct 18
*SUP 2: 99.320 Hourly resistance Oct 17 now support
*SUP 3: 99.300 2017 Low Oct 17
*SUP 4: 99.230 High June 21 2016 now support
*COMMENTARY: The recovery from 2017 and 16mth lows saw a pop higher Friday
although follow through has been lacking. Bulls continue to look for a close
above 99.410 to shift immediate focus to 99.450-453 where the 55-DMA is located
Bulls retain the advantage while 99.330 supports with bears needing a close
below 99.330 to shift pressure back to 2017 lows. Very narrowed Bollinger bands
remain suggestive of a breakout.

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