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Bullish Focus Intact *RES 4:......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bullish Focus Intact
*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: 3704.92 @ Close Nov 18
*SUP 1: 3679.63 Low Nov 13
*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 is consolidating but retains a bullish focus. The clear break
recently of 3637.94, Oct 28 high confirmed a resumption of the underlying
uptrend to maintain the bullish price sequence of higher highs and higher lows.
Furthermore, moving average studies are pointing north reinforcing current
bullish conditions. The focus is on 3748.12 next while support is at 3637.94.

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