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

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls Remain In Control
*RES 4: 3687.22 High Jan 23, 2018 
*RES 3: 3596.20 High May 18 
*RES 2: 3536.87 High Jul 31 
*RES 1: 3463.03 High Aug 28 
*PRICE: 3450.46 @ Close Apr 15
*SUP 1: 3412.95 Low Apr 11 
*SUP 2: 3353.67 Low Apr 1 
*SUP 3: 3281.79/3276.23/3273.68 Low Mar 25/200-dma/Low Mar 8 
*SUP 4: 3226.12/3215.04 38.2% retracement/High Feb 6 
Eurostoxx posted another marginal new high yesterday to keep the focus on the
upside with bulls looking to  target the Aug 28 high at 3463.03 ahead of the
July 31 high at 3536.87. A break above here would bring the May 18 high at
3596.20 into play. On the downside initial support comes in at Thursday's low at
3412.95 with a break below here opening the April 1 low at 3353.67. A break
below the 200-dma key support area is needed to shift the outlook negative.

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