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Bears Dominate While 3523.81......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Dominate While 3523.81 Caps
*RES 4: 3600.36 Low Jan 21 now resistance 
*RES 3: 3570.95 Alternating daily support/resistance 
*RES 2: 3555.52 Bollinger band top 
*RES 1: 3523.81 High Apr 24
*PREVIOUS CLOSE: 3485.83
*SUP 1: 3485.83 Low Apr 18 
*SUP 2: 3455.22 Hourly support Apr 17 
*SUP 3: 3435.58 Low Apr 16 
*SUP 4: 3411.63 Low Apr 11
*COMMENTARY: The index failed to gain traction above the 200-DMA (3511.48) &
55-WMA (3516.29) with a marginal break of 3523.28 followed up by a break of
3476.59. Bulls continue to look for a close above 3523.81 to end bearish hopes,
shift initial focus to 3570.95-3600.36 and overall focus to 2018 highs. Bears
now shift focus to 3383.17-3435.58 with a close below 3383.17 to confirm focus
on 2018 lows.

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