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Bulls Need Close Above 200-DMA....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls Need Close Above 200-DMA
*RES 4: 3550.21 Daily Bear channel top off 2018 highs
*RES 3: 3540.64 High June 15
*RES 2: 3510.37 200-DMA
*RES 1: 3502.68 55-WMA
*PREVIOUS CLOSE: 3485.08
*SUP 1: 3477.98 55-DMA 
*SUP 2: 3466.26 High July 13 now support 
*SUP 3: 3424.22 21-DMA 
*SUP 4: 3418.06 Low July 12
*COMMENTARY: Support emerging on the dip back towards the 21-DMA Tuesday has
been followed up with a close above the 55-DMA that buys bulls breathing room
and sees initial focus on the 200-DMA. Bulls need a close above the 200-DMA to
confirm focus on 3540.03-3566.53 where the bear channel top off 2018 highs is
located. Bears now need a close below 3466.26 to signal a false break and below
3418.06 to shift initial focus back to 3340.50 June lows.

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