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(M18) Bulls Need Close Above...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (M18) Bulls Need Close Above 99.220
*RES 4: 99.277 55-DMA
*RES 3: 99.270 Lows Feb 2 & 5 now resistance
*RES 2: 99.220 Repeated daily highs Feb
*RES 1: 99.205 21-DMA
*PREVIOUS CLOSE: 99.170
*SUP 1: 99.150 High Feb 26 now support
*SUP 2: 99.123 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 now pausing ahead of the
21-DMA. Bulls continue to look for a close above 99.220 to confirm a break of
the 21-DMA and shift initial focus back to 99.270-277 where 55 & 100-DMAs are
situated. The 99.150 support remains key this week. Bears need a close below
99.150 to reconfirm initial focus on 99.080-110. Daily studies have room to move
before O/S is an issue.

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