(H18) Bears Need Close Below...>

SHORT-STERLING TECHS: (H18) Bears Need Close Below 99.370

*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: 99.370

*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 sees overall

bearish focus on 99.300-310 where 2017 lows are situated and a close below

99.370 to add weight to the case. Daily studies lingering at O/S is less than

ideal for bears. Layers of resistance remain 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 (99.462).