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Bull Trend Extends *RES 4:........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bull Trend Extends
*RES 4: 3836.28 High Oct 13, 2015
*RES 3: 3830.60 1.236 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 2: 3748.12 1.000 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 1: 3719.40 High Nov 12
*PRICE: 3712.20 @ Close Nov 12
*SUP 1: 3683.33 Low Nov 11
*SUP 2: 3637.94 High Oct 28 and former breakout point
*SUP 3: 3593.60 Low Oct 31
*SUP 4: 3571.01 Low Oct 18 and key support
EUROSTOXX50 retains a bullish focus extending gains once again yesterday. The
clear break recently of 3637.94, Oct 28 high confirmed a resumption of the
underlying uptrend and maintains the bullish price sequence of higher highs and
higher lows. Scope is for a climb towards 3748.12 next, now that 3700.00 has
been cleared. Momentum and moving average studies remain firm reinforcing the
current trend conditions. Support is at 3637.96.

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