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(H18) Above 99.370 To Target...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) Above 99.370 To Target 99.390-420
*RES 4: 99.420 55-DMA
*RES 3: 99.405 Lows Feb 9 & 12 now resistance
*RES 2: 99.390 Lows Dec 5 & 8, Low Feb 8 now resistance
*RES 1: 99.370 Low Feb 21 now resistance
*PREVIOUS CLOSE: 99.340
*SUP 1: 99.335 Low Feb 28
*SUP 2: 99.310 High Feb 26 now support
*SUP 3: 99.290 2018 Low Feb 26
*SUP 4: 99.270 2014 Low Sept 18 2014
*COMMENTARY: Fresh 2018 & 3+yr lows were seen Monday but the lack of follow
through is less than ideal when combined with O/S daily studies correcting and
the Bollinger band base at 99.313. Bulls now look for a close above 99.370 to
shift focus back to 99.390-420 where key DMAs are situated. Support layers are
starting to accumulate as O/S studies correct with bears needing a close below
99.335 to retain the upper hand.

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