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Above 3555.37 To Shift Focus......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Above 3555.37 To Shift Focus Higher 
*RES 4: 3555.37 High June 29 
*RES 3: 3539.48 High July 13 
*RES 2: 3529.99 High July 20 
*RES 1: 3523.87 100-DMA
*PREVIOUS CLOSE: 3515.63
*SUP 1: 3509.85 Hourly resistance Aug 8 now support 
*SUP 2: 3490.49 High Aug 1 now support 
*SUP 3: 3487.62 21-DMA 
*SUP 4: 3472.05 Hourly resistance Aug 4 now support
*COMMENTARY: The recovery from the range base and last week's low has resulted
in focus back on the 3523.87-3555.37 resistance region. Bulls look for a close
above 3555.37 to confirm a bullish bias and initially target 3615.06 with
overall focus on 2017 highs. Support layers are again building with bears now
needing a close below the 21-DMA to ease bullish pressure and below 3472.05 to
shift focus back to 3431.19-3438.15.

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