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(H18) Below 99.300 Targets.....>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) Below 99.300 Targets 99.180-270
*RES 4: 99.401 21-DMA
*RES 3: 99.390 Lows Dec 5 & 8, Low Feb 8 now resistance
*RES 2: 99.360 Hourly support Feb 22 now resistance
*RES 1: 99.330 Low Feb 22 now resistance
*PREVIOUS CLOSE: 99.310
*SUP 1: 99.305 2018 Low Feb 23
*SUP 2: 99.300 2017 Low Oct 17
*SUP 3: 99.270 2014 Low Sept 18 2014
*SUP 4: 99.210 Monthly Lows June/July 2012
*COMMENTARY: Bears take comfort as the sell-off Thursday confirms initial focus
on 99.300-310 with a close below this region then targeting 99.180-270 where
2014 lows and June/July 2012 monthly lows are noted. Layers of resistance are
following the contract lower with bulls now needing a close above 99.360 to ease
bearish pressure and hint at a correction back to 99.390-435 where key DMAs are
situated.

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