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Bulls Pause For Breath *RES 4:....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls Pause For Breath
*RES 4: 3836.28 High Oct 13, 2015
*RES 3: 3830.60 1.236 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 2: 3748.12 1.000 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 1: 3719.40 High Nov 12
*PRICE: 3699.50 @ Close Nov 13
*SUP 1: 3679.63 Low Nov 13
*SUP 2: 3637.94 High Oct 28 and former breakout point
*SUP 3: 3593.60 Low Oct 31
*SUP 4: 3571.01 Low Oct 18 and key support
EUROSTOXX50 is consolidating but retains a bullish focus. The clear break
recently of 3637.94, Oct 28 high confirmed a resumption of the underlying
uptrend and maintains the bullish price sequence of higher highs and higher
lows. Thus the current consolidation is viewed as a pause in the uptrend and
attention remains on 3748.12 next. Moving average studies remain firm
reinforcing the current trend conditions. Support is at 3637.96.

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