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Approaching key 3515.15...........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Approaching key 3515.15 resistance
*RES 4: 3637.55 1.618 Fibonacci projection of Jun 6-Jun 11 rally from Jun 14 low
*RES 3: 3532.71 1.00 Fibonacci projection of Jun 6-Jun 11 rally from Jun 14 low
*RES 2: 3515.15/75 High Apr 24 major res/bull channel top off the Jun 6 low
*RES 1: 3496.79 Jun 21 high
*PRICE: 3466.92 @ Close June 21
*SUP 1: 3418.18 High Jun 11
*SUP 2: 3409.95 Trendline support drawn off the Jun 3 low
*SUP 3: 3363.07 Jun 14 low
*SUP 4: 3341.33 Jun 7 low
EUROSTOXX50 trend conditions remain bullish following last week's strong rally
that saw the index move through former resistance at 3418.18. With momentum
studies trending higher too, and last Tuesday's candle pattern a confirmed
standard line (continuation pattern), further gains are anticipated. The focus
is now on the 3500 level with the key 3515.15 Apr highs also within reach. On
the downside, initial support lies at 3418.18 with trendline support at 3409.95.

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