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21-DMA Holding Firm For Now ......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 21-DMA Holding Firm For Now 
*RES 4: 3540.64 High June 15 
*RES 3: 3536.87 High July 31 
*RES 2: 3503.31 High August 2 
*RES 1: 3491.47 High August 3
*PREVIOUS CLOSE: 3482.40 
*SUP 1: 3474.72 21-DMA 
*SUP 2: 3461.74 55-DMA 
*SUP 3: 3460.15 Low August 2 
*SUP 4: 3418.06 Low July 12 
Eurostoxx recovered some ground on Friday, reclaiming the 21-DMA at 3737.72,
which has acted as support several times over the past month and appears to be
doing so again. Bears need a close below this level to target the 55-DMA and the
July 12 lows. On the upside, bulls need a close back above the 200-DMA to shift
he focus higher, and attempt to register a new higher high above 3540.64.

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