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3508.90-3555.37 Resistance........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3508.90-3555.37 Resistance Region Key 
*RES 4: 3520.45 100-DMA 
*RES 3: 3508.90 Hourly support July 20 now resistance 
*RES 2: 3490.49 High Aug 1 
*RES 1: 3466.11 Hourly support Aug 2 now resistance
*PREVIOUS CLOSE: 3459.32
*SUP 1: 3447.73 Low Aug 1 
*SUP 2: 3434.72 Bollinger band base 
*SUP 3: 3431.19 Low July 24 
*SUP 4: 3407.33 Monthly Low Apr 19
*COMMENTARY: Hesitation ahead of the 100-DMA continues with follow through above
the 21-DMA (3483.21) lacking. Broad sideways trading 3431.19-3555.37 continues
with the 3508.90-3555.37 resistance region key. Bulls need a close above 3555.37
to confirm breaks of 55 & 100-DMAs and the bear channel top and shift initial
focus to 3615.06. While 3508.9 caps bears focus on a break of 3431.19 targeting
3390.04-44 where the channel base is situated.

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