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(M18) Bears Need Close Below...>

SHORT-STERLING TECHS: (M18) Bears Need Close Below 99.345
*RES 4: 99.416 100-WMA
*RES 3: 99.398 Bollinger band top
*RES 2: 99.390 Lows Dec 5 & 8, Low Feb 8 now resistance
*RES 1: 99.385 2018 High May 23
*SUP 1: 99.345 Low May 23
*SUP 2: 99.335 Lows May 21 & 22
*SUP 3: 99.325 Low May 17
*SUP 4: 99.305 Lows May 14 & 15
*COMMENTARY: Fresh 2018 highs lacked follow through which is less than ideal
given O/B daily studies and the proximity of the Bollinger band top. In saying
that, bulls currently focus on 99.416-465 where the 100-WMA and weekly bear
channel top are located. Bears now look for a close below 99.345 to gain
breathing room and below 99.325 to pressure 99.283-300 where 21 & 200-DMAs are

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