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Bouncing Off Uptrend Support......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bouncing Off Uptrend Support
*RES 4: 3391.34 Up trend channel resistance from Jan 8 
*RES 3: 3380.23 Channel top resistance from Feb 15 
*RES 2: 3340.67 High Mar 6 
*RES 1: 3309.92 Hourly low Mar 7
*PREVIOUS CLOSE: 3304.44 
*SUP 1: 3273.68/3272.80 Low Mar 8/Up trend channel support from Dec 27 
*SUP 2: 3266.14 21-dma 
*SUP 3: 3223.40 Low Feb 19 
*SUP 4: 3175.71/66 Low Feb 15/38.2% retracement 
Eurostoxx bounced off of uptrend support from the Dec 27 low yesterday keeping
the bullish picture intact. The upside focus is now on the hourly low at 3309.92
seen on March 7 with a break above here opening the March 6 high at 3340.67.
Bears look to close below Friday's low and uptrend support which comes in at
3273.68/3272.80 Below here would shift the outlook bearish and open the 21-dma
at 3266.14.

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