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Above 3523.28 To Target 2018......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Above 3523.28 To Target 2018 High
*RES 4: 3516.17 55-WMA 
*RES 3: 3510.88 200-DMA 
*RES 2: 3492.23 100-DMA 
*RES 1: 3498.47 Bollinger band top
*PREVIOUS CLOSE: 3477.91
*SUP 1: 3455.22 Hourly support Apr 17 
*SUP 2: 3435.58 Low Apr 16 
*SUP 3: 3411.63 Low Apr 11 
*SUP 4: 3399.97 Low Apr 6
*COMMENTARY: An aggressive rally Tuesday kick started bullish momentum and
reconfirmed immediate focus on 3498.47-3523.28 where key DMAs, the 55-WMA and
the Bollinger band top are located. O/B studies and the Bollinger top are key
concerns for bulls who need a close above 3523.28 to confirm breaks and shift
focus back to 2018 & 2017 highs. Bears need a close below 3435.58 to ease
bullish pressure.

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