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Broader Bull Trend Resumption.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Broader Bull Trend Resumption
*RES 4: 3687.22 Jan 2018 high
*RES 3: 3665.64 0.764 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 2: 3614.62 0.618 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 1: 3610.31 High Oct 15
*PRICE: 3598.65 @ Close Oct 15
*SUP 1: 3531.23 Low Oct 15
*SUP 2: 3490.52 Low Oct 11
*SUP 3: 3478.84 50-day EMA
*SUP 4: 3426.82 Low Oct 8
EUROSTOXX50 rallied yesterday confirming a break of former resistance at
3588.68, Oct 1 high. This confirms a resumption of the broader uptrend and paves
the way for a climb towards 3614.62 and 3665.64, both Fibonacci projection
levels. Momentum studies are pointing north too, reinforcing the current bullish
theme. On the downside, support for now is seen at 3531.23, yesterday's low.

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