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US OUTLOOK/OPINION

Core PCE Stalling Ahead Of June Fed Meeting

US TSY FUTURES

BLOCK, 5Y Sale

EURGBP TECHS

Pullback Considered Corrective

US EURODLR OPTIONS

Limited Upside Dec Fly

GBPUSD TECHS

Downtrend Remains Intact

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3580.21-3625.87 Support Region....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3580.21-3625.87 Support Region Key 
*RES 4: 3714.26 Monthly High July 20 2015 
*RES 3: 3712.00 Daily Bull Channel top 
*RES 2: 3686.57 High Aug 6 2015 
*RES 1: 3670.00 High Oct 27
*PREVIOUS CLOSE: 3662.18
*SUP 1: 3639.81 High Oct 26 now support 
*SUP 2: 3625.87 High Oct 18 now support 
*SUP 3: 3611.93 21-DMA 
*SUP 4: 3580.21 Low Oct 26
*COMMENTARY: Bears failed to capitalize on the close below the 21-DMA Wednesday
with index trading at fresh 5mth highs Thursday and Friday. Bears need a close
below 3625.87 to ease bullish pressure and below 3580.21 to confirm a break of
the bull channel base (3592.38) and shift focus back to 3506.61-3530.72 where 55
& 100-DMAs are located. Bulls remain focused on the break of 3670.00 2017 highs
needed to pressure the bull channel top.

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