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(H18) 99.360 Resistance........>

SHORT-STERLING TECHS: (H18) 99.360 Resistance Remains Key
*RES 4: 99.410 High Sept 15
*RES 3: 99.390 Monthly Lows June 30 now resistance
*RES 2: 99.360 Highs Sept 18 & 19
*RES 1: 99.340 Repeated daily highs
*SUP 1: 99.310 Low Sept 20 & 28
*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: Despite remaining heavy bears have failed to manage the close below
99.310 needed to pressure 99.230. Correcting O/S daily studies remain the key
concern for bears. Key resistance is still noted at 99.360 with bulls needing a
close above to gain breathing room. A close above the 21-DMA (99.414) is needed
to shift focus to 99.504-521 where 55, 100 & 200-DMAs are clustered.

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