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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: 3487.31 55-DMA
*RES 1: 3469.94 Hourly resistance June 18
*PREVIOUS CLOSE: 3448.49
*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: 3321.99 200-WMA
*COMMENTARY: Bulls take comfort in closes above the 21-DMA (3432.27) and 3424.60
with immediate pressure on 3469.94 which capped last week. Bulls need a close
above 3469.94 to shift immediate focus back to 3487.31-3540.03 where 55 &
200-DMAs are noted. While 3469.94 caps bears retain the upper hand but need a
close below 3264.60 to gain breathing room and below 3389.44 to pressure June
lows.

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