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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: 3638.29 Daily Bull channel top 
*RES 2: 3630.32 Bollinger band top 
*RES 1: 3615.06 Monthly High June 2
*PREVIOUS CLOSE: 3603.32
*SUP 1: 3595.50 Low Oct 9 
*SUP 2: 3582.07 Hourly resistance Sept 29 now support 
*SUP 3: 3575.85 Hourly resistance Sept 29a now support 
*SUP 4: 3569.49 Hourly support Sept 29
*COMMENTARY: Bears failed to capitalize on a soft bearish key day reversal last
week with bulls reconfirming dominance with fresh 5mth highs. Bulls need a close
above 3615.06 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 remain with
bears now needing a close below 3595.50 to gain breathing room and below 3582.07
to hint at a correction back to 3529.19-3556.5.

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