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Bulls In Control *RES 4:..........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls In Control
*RES 4: 3816.32 High Apr 15, 2015
*RES 3: 3801.38 High Apr 16, 2015
*RES 2: 3782.29 High Apr 27, 2015
*RES 1: 3765.70 High Dec 13
*PRICE: 3731.07 @ Close Dec 13
*SUP 1: 3692.71 High Dec 12
*SUP 2: 3659.53 Low Dec 11
*SUP 3: 3635.52/3625.00 Trendline drawn off the Aug 15 low / Low Dec 10
*SUP 4: 3594.80 Low Dec 3 and bear trigger
EUROSTOXX50 rallied to a fresh trend high Friday clearing the former key
resistance of 3733.45, Nov 19 high. This confirms a resumption of the uptrend
that has been in place since mid-August. Price did stall at Friday's high and
resistance forced a pull back. A break above the high at 3765.70 would further
reinforce bullish conditions with scope seen for a climb towards 3782.29 and
3802.38, levels last traded in April 2015. Initial support is at 3720.65.

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