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Above 3615.06 Targets 2017 High...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Above 3615.06 Targets 2017 High 
*RES 4: 3650.81 High May 11 
*RES 3: 3632.24 Daily Bull channel top 
*RES 2: 3629.14 Bollinger band top 
*RES 1: 3615.06 Monthly High June 2
*PREVIOUS CLOSE: 3613.54
*SUP 1: 3606.36 Hourly support Oct 5 
*SUP 2: 3602.08 Hourly resistance Oct 5 now support 
*SUP 3: 3582.07 Hourly resistance Sept 29 now support 
*SUP 4: 3575.85 Hourly resistance Sept 29a now support
*COMMENTARY: Bears failed to capitalize on a soft bearish key day reversal with
bulls reconfirming dominance with fresh 5mth highs. Bulls continue to look for a
close above to shift focus to 3650.81-3666.80 where 2017 highs are located
although the bull channel top may slow the move. Layers of support are again
building with bears needing a close below 3602.08 to gain breathing room and
below 3582.07 to hint at a correction back to 3529.19-3556.5.

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