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Bull trend resumes *RES 4:........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bull trend resumes
*RES 4: 3650.63 2.000 projection of Aug 15 - Aug 22 from Aug 26 low
*RES 3: 3596.20 High May 18, 2018
*RES 2: 3587.16 1.618 projection of Aug 15 - 22 rally from Aug 26 low
*RES 1: 3578.04 High Sep 20
*PRICE: 3571.39 @ Close Sep 20
*SUP 1: 3523.81 Trendline support drawn off the Aug 15 low
*SUP 2: 3506.36 Low Sep 17 and key support
*SUP 3: 3479.58 Low Sep 10
*SUP 4: 3453.99 Low Sep 5
EUROSTOXX50 extended its recovery Friday clearing 3555.85, confirming a
resumption of the uptrend that began on Aug 15. Underlying bullish conditions
remain in place with the break higher opening 3587.16 next now that 3573,57, Jul
25 high has also been cleared. Momentum studies are positive and prices continue
to trade above trendline support at 3523.81, drawn off the Aug 15 low. Key
support is just below the trendline at 3506.36, Sep 17 low.

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