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(H18) 99.350-370 Resistance....>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) 99.350-370 Resistance Now Key
*RES 4: 99.405 Lows Feb 9 & 12 now resistance
*RES 3: 99.390 Lows Dec 5 & 8, Low Feb 8 now resistance
*RES 2: 99.370 Low Feb 21 now resistance
*RES 1: 99.350 High Feb 23
*PREVIOUS CLOSE: 99.340
*SUP 1: 99.310 High Feb 26 now support
*SUP 2: 99.290 2018 Low Feb 26
*SUP 3: 99.270 2014 Low Sept 18 2014
*SUP 4: 99.210 Monthly Lows June/July 2012
*COMMENTARY: Fresh 2018 & 3+yr lows were seen Monday but the lack of follow
through is less than ideal when combined with O/S daily studies and the
Bollinger band base at 99.316. Bulls need a close above 99.350 to gain breathing
room and above 99.370 to shift focus back to 99.390-421 where key DMAs are
situated. Bears now need a close below 99.310 to retain focus on 99.180-270.

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