(H18) 99.405-450 Resistance....>

SHORT-STERLING TECHS: (H18) 99.405-450 Resistance Region Key

*RES 4: 99.427 55-DMA

*RES 3: 99.415 Highs Feb 9 & 12

*RES 2: 99.405 Lows Feb 9 & 12 now resistance

*RES 1: 99.390 Lows Dec 5 & 8, Low Feb 8 now resistance

*PREVIOUS CLOSE: 99.380

*SUP 1: 99.370 Low Nov 3, 28 & 29

*SUP 2: 99.350 Alternating daily support/resistance

*SUP 3: 99.310 Monthly Low Nov 1

*SUP 4: 99.300 2017 Low Oct 17

*COMMENTARY: 99.435 recently provided the cap for a move that now sees overall

bearish focus on 99.300-310 where 2017 lows are situated. Daily studies have

room to move before O/S is an issue. Layers of resistance are in place with

bulls needing a close above 99.405 to ease bearish pressure and above 99.450 to

end bearish hopes and initially target the 200-DMA (99.464).