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(H18) Pressure Remains On......>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) Pressure Remains On 55-DMA
*RES 4: 99.473 200-DMA
*RES 3: 99.450 Low Sept 13 now resistance
*RES 2: 99.442 21-DMA
*RES 1: 99.435 Repeated Daily Lows now resistance
*PREVIOUS CLOSE: 99.430
*SUP 1: 99.422 55-DMA
*SUP 2: 99.410 Repeated Daily highs now support
*SUP 3: 99.395 100-DMA
*SUP 4: 99.390 Lows Dec 5 & 8
*COMMENTARY: The 99.450 resistance level held firm with topside failures finally
taking their toll and Thursday's bearish close seeing focus back to 55 &
100-DMAs. Bears look for a close below the 100-DMA to target 99.300-310 with
below 99.390 to add weight to the case. Bulls continue to look for a close above
99.450 to shift focus to 99.474-520 where the 55-WMA and 200-DMA are noted.

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