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(H18) 99.390-410 Support.......>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) 99.390-410 Support Region Now Key
*RES 4: 99.485 200-DMA
*RES 3: 99.450 Low Sept 13 now resistance
*RES 2: 99.437 100-DMA
*RES 1: 99.430 Highs Dec 11 & 12
*PREVIOUS CLOSE: 99.420
*SUP 1: 99.410 Repeated Daily highs now support
*SUP 2: 99.390 Lows Dec 5 & 8
*SUP 3: 99.370 Low Nov 3, 28 & 29
*SUP 4: 99.366 55-DMA
*COMMENTARY: Sideways trading 99.370-410 came to an end Friday with a break
higher although hesitation ahead of the 100-DMA is less than ideal. In saying
that, bulls focus on 99.437-450 where the 100-DMA is situated. Support layers
are building with bears needing a close below 99.390 to confirm a break of the
21-DMA (99.397) and shift focus back to 99.350-370 where the 55-DMA is located.

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