(M18) Bears Need Close Below...>

SHORT-STERLING TECHS: (M18) Bears Need Close Below 99.265

*RES 4: 99.370 2018 High Jan 3

*RES 3: 99.340 Repeated Daily Highs Jan

*RES 2: 99.310 High Feb 7

*RES 1: 99.293 200-DMA

*PREVIOUS CLOSE: 99.270

*SUP 1: 99.265 Alternating daily support/resistance

*SUP 2: 99.240 Repeated daily lows Apr/May

*SUP 3: 99.229 100-DMA

*SUP 4: 99.210 High Apr 20 now support

*COMMENTARY: Hesitation ahead of the 200-DMA combined with O/B daily studies are

a concern for bulls. Bulls need a close above the 200-DMA to shift focus to

99.340-370 where 2018 highs are noted. Bears now look for a close below 99.265

to gain breathing room and below 99.210 to confirm traction below the 100-DMA

and initially target 99.145-160.