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Bulls Take Out 3500 *RES 4:.......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls Take Out 3500
*RES 4: 3708.82 High Nov 1, 2017 
*RES 3: 3687.22 High Jan 23, 2018 
*RES 2: 3596.20 High May 18 
*RES 1: 3536.87 High Jul 31 
*PRICE: 3503.85 @ Close Apr 23 
*SUP 1: 3412.95/3404.00 Low Apr 11/uptrend support from Dec low
*SUP 2: 3353.67 Low Apr 1 
*SUP 3: 3281.79/3276.84/3273.68 Low Mar 25/200-dma/Low Mar 8 
*SUP 4: 3226.12/3215.04 38.2% retracement/High Feb 6 
Eurostoxx closed above the 3500 level yesterday to for the first time in nine
months to allow bulls to zero in on the July 31 high at 3536.87. A break above
here would open the May 18 high at 3596.20 ahead of the Jan 2018 high at
3687.22. Bears need to take out the April 11 low at 3412.95 and uptrend support
just below at 3404.00 to suggest a reversal. Below here would open the April 1
low at 3353.67 ahead of the 200-dma support area.

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