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(H18) 99.390 Support...........>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) 99.390 Support Confirms Significance
*RES 4: 99.469 200-DMA
*RES 3: 99.450 Low Sept 13 now resistance
*RES 2: 99.435 Repeated Daily Lows now resistance, 21-DMA
*RES 1: 99.427 55-DMA
*PREVIOUS CLOSE: 99.410
*SUP 1: 99.405 Hourly support Feb 8
*SUP 2: 99.393 100-DMA
*SUP 3: 99.390 Lows Dec 5 & 8, 2018 Low Feb 8
*SUP 4: 99.370 Low Nov 3, 28 & 29
*COMMENTARY: Having remained capped at 99.435 lately provided the cap for a dip
below the 100-DMA Thursday that confirmed significance of the 99.390 support by
bouncing from this level. Bears 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
99.450 to confirm a break of the 21-DMA and to shift focus to 99.469-520 where
the 55-WMA and 200-DMA are noted.

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