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(H18) Bullish Key Day..........>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) Bullish Key Day Reversal
*RES 4: 99.410 High Sept 15
*RES 3: 99.390 Monthly Lows June 30 now resistance
*RES 2: 99.360 Highs Sept 18 & 19
*RES 1: 99.350 High Oct 17
*PREVIOUS CLOSE: 99.340
*SUP 1: 99.334 21-DMA
*SUP 2: 99.320 Hourly resistance Oct 17 now support
*SUP 3: 99.300 2017 Low Oct 17
*SUP 4: 99.230 High June 21 2016 now support
*COMMENTARY: The recovery from fresh 2017 and 16mth lows has resulted in a
bullish key day reversal. Bulls still need a close above 99.360 to ease bearish
pressure with a close above 99.410 remaining needed to shift focus to 99.469-520
where 55, 100 & 200-DMAs are clustered. Bollinger bands remain very narrowed and
increase the likelihood of a break out in the near future.

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