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(H18) 99.390 & 99.450 Major....>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) 99.390 & 99.450 Major Levels
*RES 4: 99.450 Low Sept 13 now resistance
*RES 3: 99.435 Repeated Daily Lows now resistance
*RES 2: 99.427 55-DMA
*RES 1: 99.415 High Feb 9 & 12
*PREVIOUS CLOSE: 99.400
*SUP 1: 99.395 100-DMA
*SUP 2: 99.390 Lows Dec 5 & 8, 2018 Low Feb 8
*SUP 3: 99.370 Low Nov 3, 28 & 29
*SUP 4: 99.350 Alternating daily support/resistance
*COMMENTARY: 99.435 recently provided the cap for a dip below the 100-DMA
Thursday that confirmed significance of the 99.390 support. Bears still need a
close below 99.390 to confirm a break of the 100-DMA and target 99.300-310.
Bulls continue to look for a close above 99.415 to gain breathing room and above
99.450 to confirm a shift in focus to 99.467-520 where the 55-WMA and 200-DMA
are noted.

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