Bulls Hold On *RES 4: 3638.19.....>

EUROSTOXX50 TECHS: Bulls Hold On

*RES 4: 3638.19 Bull channel top drawn off the Mar 16 low

*RES 3: 3498.07 76.4% retracement of the Feb - Mar sell-off

*RES 2: 3448.24 High Mar 3

*RES 1: 3399.71 High Jul 15

*PRICE: 3388.34 @ Close Jul 20

*SUP 1: 3277.40/241.29 Low Jul 14 / Low Jul 10

*SUP 2: 3209.43/181.12 50-day EMA / Low Jul 1

*SUP 3: 3192.37 Bull channel base drawn off the Mar 16 low

*SUP 4: 3149.67 Low Jun 25

EUROSTOXX 50 maintains a bullish condition. The index traded higher Jul 15

breaching resistance at 3375.70, Jul 6 high. This reinforced current uptrend

conditions, also resulting in a probe of resistance at 3394.90, Jun 8 high. A

clear break of this hurdle would again confirm a resumption of the uptrend that

has been in place since the reversal higher on Jun 16 and expose 3448.24, Mar 3

high. Initial key support has been defined at 3241.29, Jul 10 low.