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200-DMA Support Key This Week.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 200-DMA Support Key This Week
*RES 4: 3636.22 Monthly High Feb 1 
*RES 3: 3600.36 Low Jan 31 now resistance 
*RES 2: 3584.82 Bollinger band top 
*RES 1: 3570.95 High Feb 2
*PREVIOUS CLOSE: 3557.88
*SUP 1: 3540.14 Low May 7 
*SUP 2: 3523.00 Low May 3 
*SUP 3: 3513.61 200-DMA 
*SUP 4: 3502.91 Hourly support Apr 26
*COMMENTARY: Bulls take comfort in gains with immediate focus on 3570.95. Bulls
continue to look for a close above 3570.95 to reconfirm the bullish bias and
above 3600.36 to reconfirm focus on 2018 highs. Support layers building add to
bullish confidence with bears continuing to look for a close below the 200-DMA
to confirm an easing of bullish pressure and below 3464.35 to shift focus back
to 3383.17-3435.58 where the 55-DMA (3432.93) is situated.

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