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(M18) 99.270 Resistance Key....>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (M18) 99.270 Resistance Key This Week
*RES 4: 99.340 Repeated Daily Highs Jan
*RES 3: 99.310 High Feb 7
*RES 2: 99.296 200-DMA
*RES 1: 99.270 Lows Feb 2 & 5 now resistance
*PREVIOUS CLOSE: 99.250
*SUP 1: 99.230 100-DMA
*SUP 2: 99.220 Repeated daily highs Feb now support
*SUP 3: 99.210 High Apr 20 now support
*SUP 4: 99.180 Highs Apr 25 & 26 now support
*COMMENTARY: Bears failed to take out the 99.145-160 support region last week
with the aggressive bounce Friday seeing closes above the 100-DMA and focus now
on 99.270. Daily studies are very O/B and the Bollinger top (99.266) is also a
concern. Bears now look for a close below the 100-DMA to gain breathing room and
below 99.210 to ease bullish pressure and shift focus back to the 99.145-160
support region.

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