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(Z17) Bulls Need Close Above...>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (Z17) Bulls Need Close Above 99.490
*RES 4: 99.593 55-DMA
*RES 3: 99.559 200-DMA
*RES 2: 99.540 Low Sept 12 now resistance
*RES 1: 99.490 Low Sept 14 now resistance
*PREVIOUS CLOSE: 99.470
*SUP 1: 99.450 Highs Jan 30-Feb 2 now support
*SUP 2: 99.430 Repeated daily lows Jan
*SUP 3: 99.410 2017 Low Jan 27
*SUP 4: 99.389 100-WMA
*COMMENTARY: Price action last week saw June-Sept gains erased in just over a
week with immediate bearish focus now on 99.392-410 where the 100-WMA and 2017
lows are located. Daily studies remain O/S and the Bollinger base (99.492) is
also a key concern for bears. In saying that, bulls need a close above 99.490 to
ease immediate bearish pressure and above the 200-DMA to shift focus to
99.593-600 where 55 & 100-DMAs are found.

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