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55-DMA Resistance Key Today.......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 55-DMA Resistance Key Today
*RES 4: 3543.34 21-DMA 
*RES 3: 3540.03 High May 28 
*RES 2: 3470.57 55-DMA
*RES 1: 3449.72 Hourly resistance May 29
*PREVIOUS CLOSE: 3441.14
*SUP 1: 3398.32 Low May 29 
*SUP 2: 3383.17 Alternating daily support/resistance 
*SUP 3: 3373.22 100-WMA 
*SUP 4: 3313.67 200-WMA
*COMMENTARY: The sell-off from the failures ahead of 3600.36 gained traction
below the 55-DMA with immediate focus now on 3373.22-3383.67 where the 100-WMA
is located. Bears need a close below the 100-WMA to add weight to the case for a
test of 3261.86-3313.60 where 2018 lows and the 200-WMA are located. Bulls now
look for a close above the 55-DMA to ease bearish pressure and above 3566.53 to
pressure 3600.36 once more.

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