(M18) Hesitating Ahead Of......>

SHORT-STERLING TECHS: (M18) Hesitating Ahead Of 200-DMA

*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: 99.294 200-DMA

*PREVIOUS CLOSE: 99.280

*SUP 1: 99.270 Alternating daily support/resistance

*SUP 2: 99.240 Repeated daily lows Apr/May

*SUP 3: 99.230 100-DMA

*SUP 4: 99.210 High Apr 20 now support

*COMMENTARY: The contract found support ahead of the 100-DMA providing the base

for a rally and close above 99.270 Thursday that sees immediate focus on the

200-DMA. Bulls look for 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 99.270 to gain

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

initially target 99.145-160.