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3469.94 Resistance Remains Key....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3469.94 Resistance Remains Key
*RES 4: 3540.64 High June 15
*RES 3: 3505.02 Low June 15 now resistance
*RES 2: 3488.14 55-DMA
*RES 1: 3469.94 Hourly resistance June 18
*PREVIOUS CLOSE: 3440.92
*SUP 1: 3424.60 High June 27 now support 
*SUP 2: 3389.44 Alternating daily support/resistance 
*SUP 3: 3340.50 Low June 27 
*SUP 4: 3321.95 200-WMA
*COMMENTARY: Bulls take comfort in the close above the 21-DMA (3432.80) and
3424.60 with immediate pressure now on 3469.94 and this level having capped
Thursday. Bulls need a close above 3469.94 to shift immediate focus back to
3488.14-3540.03 where 55 & 200-DMAs are noted. While 3469.94 caps bears retain
the upper hand but now need a close below 3264.60 to gain breathing room and
below 3389.44 to pressure June lows.

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