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Bulls Need Close Above 3497.32....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls Need Close Above 3497.32
*RES 4: 3540.03 High May 28 
*RES 3: 3519.37 200-DMA 
*RES 2: 3513.90 21-DMA
*RES 1: 3497.32 High June 5
*PREVIOUS CLOSE: 3459.77
*SUP 1: 3434.35 Low June 6 
*SUP 2: 3420.84 Low June 1 
*SUP 3: 3383.17 Alternating daily support/resistance 
*SUP 4: 3379.53 100-WMA
*COMMENTARY: Correcting O/S daily studies remain the key concern for bears but
failure to gain traction on pops above 55 (3475.30) & 100 (3472.00) DMAs is less
than ideal. Bulls need a close above 3497.32 to confirm traction above 55 &
100-DMAs and above 3540.03 to confirm a break of the 200-DMA and return focus to
2018 highs. Bears look for a close below 3434.35 to ease renewed bullish
pressure and return focus to 3383.17.

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