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Closing In On Key Resistance......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Closing In On Key Resistance
*RES 4: 3748.12 1.000 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 3: 3733.45 High Nov 19 and key resistance
*RES 2: 3729.74 High Dec 2
*RES 1: 3723.60 Intraday high
*PRICE: 3706.35 @ Close Dec 12
*SUP 1: 3659.53 Low Dec 11
*SUP 2: 3630.97/3625.00 Trendline drawn off the Aug 15 low / Low Dec 10
*SUP 3: 3594.80 Low Dec 3 and bear trigger
*SUP 4: 3593.60 Low Oct 31
EUROSTOXX50 trendline support drawn off the Aug 15 low that intersects at
3630.97 today has this week remained intact. A bullish near-term focus is
maintained and, with resistance at 3692.71, Dec 6 high cleared, attention turns
to 3729.74, Dec 2 high and the key level at 3733.45, Nov 19 high. Clearance of
the latter would confirm a resumption of the underlying bull trend. Key support
is at 3630.97, the trendline.

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