(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: 99.350 Repeated daily highs

*PREVIOUS CLOSE: 99.340

*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 and support a correction. Key resistance is still noted at

99.360 with bulls needing a close above to gain breathing room. A close above

99.410 is again needed to shift focus to 99.498-520 where 55, 100 & 200-DMAs are

clustered.