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(M18) 99.150 & 99.220 Levels...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (M18) 99.150 & 99.220 Levels Still Key
*RES 4: 99.270 100-DMA
*RES 3: 99.250 55-DMA
*RES 2: 99.220 Repeated daily highs Feb
*RES 1: 99.200 Repeated daily highs Mar
*PREVIOUS CLOSE: 99.180
*SUP 1: 99.150 High Feb 26 now support
*SUP 2: 99.145 Bollinger band base
*SUP 3: 99.110 2018 Low Feb 26
*SUP 4: 99.080 High Mar 30 2012 now support
*COMMENTARY: The recovery from recent 2018 lows is hesitating around the 21-DMA
(99.179). Bulls continue to look for a close above 99.220 to confirm a break of
the 21-DMA and shift initial focus back to 99.250-270 where 55 & 100-DMAs are
situated. The 99.150 support remains key. Bears need a close below 99.150 to
reconfirm initial focus on 99.080-110 where 2018 lows are situated.

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