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(H18) Focus Back On Key DMAs...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) Focus Back On Key DMAs
*RES 4: 99.418 55-DMA
*RES 3: 99.405 Lows Feb 9 & 12 now resistance
*RES 2: 99.399 100-DMA
*RES 1: 99.383 21-DMA
*PREVIOUS CLOSE: 99.380
*SUP 1: 99.345 High Feb 27 now support
*SUP 2: 99.335 Low Feb 28
*SUP 3: 99.310 High Feb 26 now support
*SUP 4: 99.290 2018 Low Feb 26
*COMMENTARY: Fresh 2018 & 3+yr lows were seen last Monday but the lack of follow
through has seen a recovery and focus now back on key DMAs 99.383-418 as daily
studies return to neutral levels. Support layers are now building with bears
needing a close below 99.335 to reconfirm initial focus on tests of 2018 lows
and overall focus on 99.180-270.

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