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Downside Focus Returns *RES 4:....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Downside Focus Returns
*RES 4: 3596.20 High May 18, 2018 
*RES 3: 3536.87 High Jul 31, 2018 
*RES 2: 3515.15 High Apr 24 
*RES 1: 3443.74 21-dma 
*PRICE: 3369.78 @ Close May 20 
*SUP 1: 3332.68 Low May 15 
*SUP 2: 3311.17 Low May 13 
*SUP 3: 3281.79/3273.07/3273.68 Low Mar 25/200-dma/Low Mar 8 
*SUP 4: 3211.92 50% retracement 
Eurostoxx broke back below its 55-dma yesterday shifting the near term outlook
negative and returning the focus to the May 15 low at 3332.68 ahead of the May
13 low at 3311.17. Below here would bring the March 25 low, 200-dma, and March 8
low at 3281.79/3273.07/3273.68 back into play. Bulls need an upside break above
the 21-dma to open the April 24 ytd highs at 3515.15 ahead of the July 31, 2018
highs.

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