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

SHORT-STERLING TECHS: (H18) 99.360 Resistance Remains 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
*SUP 1: 99.320 Low Oct 12
*SUP 2: 99.310 Low Sept 20 & 28
*SUP 3: 99.230 High June 21 2016 now support
*SUP 4: 99.110 Monthly Low June 23 2016
*COMMENTARY: Sideways trading 99.310-360 continues with bears needing a close
below 99.310 to reconfirm a bearish bias and target 99.110-230. 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 99.481-520 where
55, 100 & 200-DMAs are clustered. Momentum studies have corrected their
previously O/S condition and are well placed for a fresh leg lower.

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