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Bulls Need Close Above 3615.06 ...>

EUROSTOXX50 TECHS: Bulls Need Close Above 3615.06 
*RES 4: 3650.81 High May 11 
*RES 3: 3623.35 Bollinger band top 
*RES 2: 3620.13 Daily Bull channel top 
*RES 1: 3615.06 Monthly High June 2
*SUP 1: 3598.71 Low Oct 3 
*SUP 2: 3588.40 Low Oct 2 
*SUP 3: 3582.07 Hourly resistance Sept 29 now support 
*SUP 4: 3575.85 Hourly resistance Sept 29a now support
*COMMENTARY: Gains defined last week with the index recovering to again trade at
fresh 4mth highs Tuesday & pressure 3615.06-3623.35 where bull channel and
Bollinger tops, and June highs are located. The Bolli top is the key concern for
bulls with potential to limit follow through. Layers of support add to bullish
confidence with bears needing a close below 3582.07 to ease bullish pressure and
below 3556.5 to shift focus lower.

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