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Bears Dominate While 3456.15......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Dominate While 3456.15 Caps 
*RES 4: 3497.29 High Aug 16 
*RES 3: 3484.66 High Aug 17 
*RES 2: 3456.15 Low Aug 17 now resistance 
*RES 1: 3448.39 High Aug 18
*PREVIOUS CLOSE: 3423.53
*SUP 1: 3412.65 Bollinger band base
*SUP 2: 3411.06 Low Aug 21 
*SUP 3: 3395.25 200-DMA 
*SUP 4: 3390.04 Low Mar 14
*COMMENTARY: Attempts to break higher last week were stifled by layers of
resistance 3497.29-3539.48 where key DMAs and the bear channel top are situated.
Layers of resistance are building and weighing with bulls needing a close above
3456.15 to return focus to key resistance layers. While 3456.15 caps bears focus
on the 3355.40-3395.25 support region where the 200-DMA is situated. The
Bollinger base remains the key concern for bears.

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