Bulls Hold On *RES 4: 3448.24.....>

EUROSTOXX50 TECHS: Bulls Hold On

*RES 4: 3448.24 High Mar 3

*RES 3: 3394.90 High Jun 8 and the key trend bull trigger

*RES 2: 3355.76 High Jun 10

*RES 1: 3335.40 High Jul 2 and the intraday bull trigger

*PRICE: 3294.38 @ Close Jul 3

*SUP 1: 3181.12 Low Jul 1

*SUP 2: 3149.67 Low Jun 25

*SUP 3: 3138.18/3054.11 50-day EMA / Low Jun 15

*SUP 4: 3073.77 Bull channel base drawn off the Jun 16 low

EUROSTOXX 50 index rallied Jul 2 in line with continued gains in the equity

space. The break of resistance at 3317.87, Jun 23 high is a positive development

and suggests a bullish tone is likely to dominate for now with scope for gains

towards key resistance at 3394.90, Jun 8 high. On the downside, key support has

been defined at 3149.67, Jun 25 low. A breach of this support is required to

reinstate a bearish threat.