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Bears Focused On..................>

EUROSTOXX50 TECHS: Bears Focused On 3464.34-3468.95
*RES 4: 3636.22 Monthly High Feb 1 
*RES 3: 3600.36 Low Jan 31 now resistance 
*RES 2: 3566.53 Low May 18 now resistance 
*RES 1: 3528.12 Low May 23 now resistance
*SUP 1: 3489.09 100-DMA 
*SUP 2: 3468.95 55-DMA 
*SUP 3: 3464.35 Low Apr 25 
*SUP 4: 3435.58 Low Apr 16
*COMMENTARY: The sell-off from the failures ahead of 3600.36 is gathering
momentum with dips below the 200-DMA (3519.41). Focus remains on the
3464.35-3468.95 region where the 55-DMA is located. Bears now need a close below
3464.35 to shift initial focus to 3383.17-3399.97. Layers of resistance remain
with bulls now needing a close above 3528.12 to gain breathing room and above
3566.53 to pressure 3600.36 once more.

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