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(M18) Focus Shifts To..........>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (M18) Focus Shifts To 99.150-175
*RES 4: 99.200 Repeated daily highs Mar
*RES 3: 99.175 55-DMA
*RES 2: 99.170 High Mar 21
*RES 1: 99.150 Alternating daily support/resistance
*PREVIOUS CLOSE: 99.140
*SUP 1: 99.125 Repeated daily highs Apr now support
*SUP 2: 99.116 21-DMA
*SUP 3: 99.095 Low Apr 13
*SUP 4: 99.075 2018 Low Apr 4
*COMMENTARY: The marginal close above the 21-DMA has been followed up with a
close above 99.125 with initial focus having shifted to 99.150-175 where the
55-DMA is located. Bulls now need a close above the 55-DMA to initially target
99.200-220. Initial support is noted at 99.125 but bears now look for a close
below the 21-DMA to return initial focus to 99.075-095 where 2018 lows are
located.

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