(M18) 2018 Lows Lacking........>

SHORT-STERLING TECHS: (M18) 2018 Lows Lacking Follow Through

*RES 4: 99.220 Repeated daily highs Feb

*RES 3: 99.200 Repeated daily highs Mar

*RES 2: 99.170 High Mar 21

*RES 1: 99.150 Alternating daily support/resistance

*PREVIOUS CLOSE: 99.140

*SUP 1: 99.100 2018 Low Feb 26

*SUP 2: 99.080 High Mar 30 2012 now support

*SUP 3: 99.040 Monthly Low May 31 2016

*SUP 4: 99.012 Weekly Bear channel base

*COMMENTARY: The sell-off from failures at the 99.200 level resulted in fresh

2018 & 10mth lows Thursday but the lack of follow through and bonce from ahead

of 99.012-080 is a concern for bears. In saying that, bulls now look for a close

above 99.150 to ease bearish pressure and above 99.170 to shift focus back to

99.200-220. Above this region initially targets 55 & 100-DMAs 99.242-270.