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Bears Now In Control *RES 4:......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Now In Control
*RES 4: 3596.20 High May 18 
*RES 3: 3536.87 High Jul 31 
*RES 2: 3515.15 High Apr 24 
*RES 1: 3470.80 21-dma 
*PRICE: 3401.16 @ Close May 7 
*SUP 1: 3381.16 55-dma
*SUP 2: 3281.79/3278.33/3273.68 Low Mar 25/200-dma/Low Mar 8 
*SUP 3: 3253.15 100-dma
*SUP 4: 3211.92 50% retracement 
Eurostoxx broke below Monday's low yesterday shifting the outlook bearish and
opening the 55-dma which crosses at 3381.16. A break below here would bring the
key March 25 low, 200-dma, and March 8 low into play at 3281.79/3278.33/3273.68.
Bulls look to recover the 21-dma at 3470.80 to return the focus to the April 24
high at 3515.15. 

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