Approaches The Bull Trigger.......>

EUROSTOXX50 TECHS: Approaches The Bull Trigger

*RES 4: 3214.20 High Mar 9

*RES 3: 3085.06 50.0% retracement of the Feb - Mar sell-off

*RES 2: 3023.83 High Apr 30 and the bull trigger

*RES 1: 3009.43 High May 26

*PRICE: 2999.22 @ Close May 26

*SUP 1: 2854.07 Low May 22 and key near-term support

*SUP 2: 2800.07 Low May 18

*SUP 3: 2708.07 Low May 14 and bear trigger

*SUP 4: 2701.86 Low Apr 6

EUROSTOXX 50 traded higher again. Price Monday cleared resistance at 2927.26,

May 11 high and 2936.75, the 50-day EMA. The move higher reinforces the current

bullish phase and attention is on key resistance at 3023.83, Apr 30 high. A

break of this level would confirm a resumption of the uptrend that has been in

place since the Mar 16 low and open 3085.06, 50% of the Feb - Mar sell-off.

2854.07, May 22 low marks support.