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200-DMA Back In Play *RES 4:......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 200-DMA Back In Play
*RES 4: 3452.41 High Sep 27 
*RES 3: 3387.00 Up trend channel resistance from Feb8 
*RES 2: 3375.00 Up trend channel resistance from Dec27 
*RES 1: 3340.67 High Mar 6 
*PREVIOUS CLOSE: 3308.85
*SUP 1: 3293.34 Low Mar 7 
*SUP 2: 3284.46 200-dma 
*SUP 3: 3261.58 Up trend channel support from Dec27 
*SUP 4: 3251.77 21-dma 
Eurostoxx was unable to take out Wednesday's highs yesterday which saw the index
hit fresh weekly lows bringing the 200-dma at 3284.46 back into play. A break
below here would bring uptrend support from the Dec 27 low into play ahead of
the 21-dma. To reignite upside momentum bulls need to overcome Wednesday's high
at 3340.67 to challenge channel top resistance levels. Above here would extend
the rally towards the Sep 27 highs. 

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