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Bullish Focus *RES 4: 4000.00.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bullish Focus
*RES 4: 4000.00 Psychological round number
*RES 3: 3929.61 1.00 projection of Oct 3 - Nov 19 rally from Dec 3 low
*RES 2: 3900.00 Round number resistance
*RES 1: 3854.43 High Feb 12
*PRICE: 3853.27 @ Close Feb 17
*SUP 1: 3779.10 Low Feb 10 and key near-term support
*SUP 2: 3717.72 Low Feb 5
*SUP 3: 3639.44 Low Jan 31 and key support
*SUP 4: 3625.00 Low Dec 10
EUROSTOXX50 remains bullish having resumed its broader uptrend last week
following the break of resistance at the January 17 high of 3813.80. Equity
indices in general continue to perform well. The move higher maintains the
broader bullish price sequence of higher highs and higher lows reinforcing the
uptrend. Attention turns to 3900.00 next with scope beyond this for a move
towards 3929.61, a Fibonacci projection. Support is at 3779.1, the Feb 10 low.

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