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Capped Ahead Of 3497.32 For Now...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Capped Ahead Of 3497.32 For Now
*RES 4: 3540.03 High May 28 
*RES 3: 3520.53 200-DMA 
*RES 2: 3497.32 High June 5
*RES 1: 3495.68 21-DMA
*PREVIOUS CLOSE: 3479.56
*SUP 1: 3454.12 High June 8 now support 
*SUP 2: 3422.03 Low June 8 
*SUP 3: 3420.84 Low June 1 
*SUP 4: 3383.17 Alternating daily support/resistance
*COMMENTARY: The 3497.32 resistance remains key having capped Tuesday with the
21 & 200-DMAs and 55-WMA (3410.98) just above. Bulls need a close above the
200-DMA to initially hint at a move back to 3600.36 with above 3540.03 to
confirm. Bears look for a close below 3454.12 to gain breathing room, below
3420.84 to return focus to 3383.17, and below this level to shift focus back to
2018 lows.

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