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Bullish Above 200-DMA *RES 4:....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bullish Above 200-DMA 
*RES 4: 3545.00 Daily bear channel top 
*RES 3: 3540.64 High June 15 
*RES 2: 3536.87 High July 31 
*RES 1: 3502.15 200-DMA 
*PREVIOUS CLOSE: 3504.37 
*SUP 1: 3478.46 21-DMA 
*SUP 2: 3458.61 55-DMA 
*SUP 3: 3413.95 Low July 20 
*SUP 4: 3418.06 Low July 12 
Eurostoxx 50 recovered its 200-DMA yesterday shifting the focus back to the July
31 highs and the daily bear channel top which comes in at around 3545.00. A
break above here would establish a new higher trading range suggesting further
gains ahead. Bears need to reclaim the 200-DMA, which currently sits at 3502.15,
to shift the focus lower to the 21-DMA and 55-DMA.

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