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Bulls Bounce Back *RES 4:........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls Bounce Back 
*RES 4: 3596.20 High May 18, 2018
*RES 3: 3536.87 High Jul 31, 2018
*RES 2: 3515.15 High Apr 24 
*RES 1: 3450.68 21-dma 
*PRICE: 3438.96 @ Close May 16 
*SUP 1: 3395.54 55-dma
*SUP 2: 3311.17 Low May 13 
*SUP 3: 3281.79/3273.92/3273.68 Low Mar 25/200-dma/Low Mar 8 
*SUP 4: 3211.92 50% retracement 
Eurostoxx closed back above the 55-dma yesterday as bulls roared back to life to
return the focus to the 21-dma at 3450.68. Above here would open the April 24
ytd highs at 3515.15 ahead of the July 31, 2018 high at 3536.87. Bears look to
break back below the 55-dma at 3395.4 to put the focus back on Monday's low at
3311.17. Below which would bring the March 25 low, 200-dma, and March 8 low at
3281.79/3273.92/3273.68 back into play. 

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