Free Trial

3372.53-3419.01 Levels Key........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3372.53-3419.01 Levels Key Today
*RES 4: 3477.83 Bollinger band top 
*RES 3: 3476.21 High Feb 27 
*RES 2: 3446.64 High Mar 13 
*RES 1: 3419.01 High Mar 15
*PREVIOUS CLOSE: 3414.13
*SUP 1: 3372.53 Hourly support Mar 7 
*SUP 2: 3337.39 Low Mar 7, Bollinger band base 
*SUP 3: 3306.66 2018 Low Feb 9 
*SUP 4: 3299.53 200-WMA
*COMMENTARY: Bulls take comfort in Thursday's bounce and now need a close above
3419.01 to gain breathing room and above 3446.62 to pressure the key 3476.21
resistance that capped the recovery from 2018 lows. Overall bulls need a close
above 3570.95 to confirm breaks of DMAs and target 2018 highs. Initial support
remains at 3372.53 with bears needing a close below to add weight to the case
for a test of the 2018 low & 200-WMA.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.