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Approaching resistance *RES 4:....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Approaching resistance
*RES 4: 3596.20 High May 18, 2018
*RES 3: 3587.16 16.18 projection of Aug 15 - 22 rally from Aug 26 low
*RES 2: 3573.57 High Jul 25 and key resistance
*RES 1: 3555.10 High Sep 12
*PRICE: 3538.86 @ Close Sep 12
*SUP 1: 3512.59 Low Sep 12
*SUP 2: 3479.58 Low Sep 10
*SUP 3: 3453.99 Low Sep 5
*SUP 4: 3406.55 Low Sep 3 and key near-term support
EUROSTOXX50 pushed higher again yesterday and is approaching the key objective
and key resistance at 3573.57, Jul 25 high. A break would open 3596.20, May 18,
2018 high. Note, 3515.15 marks the Apr 24 high. Since this date, a trend
extension above the high and the 3550.00 level has not materialised. A failure
to again hold current highs would be a warning to bulls. For now though, with
3501.68 support intact, the focus is on price gains.

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