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

SHORT-STERLING TECHS
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.

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