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(H18) Flirting With 21-DMA.....>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) Flirting With 21-DMA
*RES 4: 99.520 High Sept 14
*RES 3: 99.480 200-DMA
*RES 2: 99.477 55-WMA
*RES 1: 99.450 Low Sept 13 now resistance
*PREVIOUS CLOSE: 99.440
*SUP 1: 99.435 Low Jan 12
*SUP 2: 99.410 Repeated Daily highs now support
*SUP 3: 99.390 Lows Dec 5 & 8
*SUP 4: 99.370 Low Nov 3, 28 & 29
*COMMENTARY: The 99.450 resistance level has held firm. Bulls continue to look
for a close above 99.450 to shift focus to 99.477-520 where the 55-WMA and
200-DMA are noted. H18 is now flirting with the 21-DMA and sees bears needing a
close below 99.435 now to gain breathing room. A close below 99.390 is still
needed to confirm a break of the 55-DMA (99.407) and hint at a move back to
99.300-310.

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