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Bullish Resumption *RES 4:........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bullish Resumption
*RES 4: 3748.12 1.000 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 3: 3708.82 High Nov 1, 2017
*RES 2: 3700.00 Round number resistance
*RES 1: 3671.81 High Nov 4
*PRICE: 3665.21 @ Close Nov 4
*SUP 1: 3593.60 Low Oct 31
*SUP 2: 3571.01 Low Oct 18 and key support
*SUP 3: 3562.39 Low Oct 15
*SUP 4: 3531.23 Low Oct 14
EUROSTOXX50 was firmer yesterday as risk-on sentiment continued to dominated.
The clear break of 3637.94, Oct 28 high confirms a resumption of the underlying
uptrend paving the way for strength towards 3700.00 and 3748.12 beyond. Momentum
studies are in a clear bull mode reinforcing the current bullish theme. Moving
average studies too are firm. On the downside, support has now been defined at
3593.60.

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