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EUROSTOXX50 TECHS: Set to.........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: EUROSTOXX50 TECHS: Set to extend gains
*RES 4: 3600.00 Round number resistance
*RES 3: 3582.85 Bull channel top drawn off the Jun 3 low
*RES 2: 3536.87 High Jul 31, 2018
*RES 1: 3519.98 High Jul 1
*PRICE: 3507.98 @ Close Jul 2
*SUP 1: 3424.68 Low Jun 27 and key trend support
*SUP 2: 3418.18 High Jun 11
*SUP 3: 3397.52 50-day EMA
*SUP 4: 3363.07 Jun 14 low
EUROSTOXX50 gains on Monday resulted in a break of the Jun 21 high of 3496.79,
marking a resumption of the uptrend. Bulls remain firmly in charge. From a
candle pattern perspective, the combination of a doji pattern last Thursday and
a bullish engulfing reversal on Friday, signalled an end to the recent
corrective pullback. This weeks gains have confirmed this. The focus now turns
to the bull channel top currently at 3582.85. Key support lies at 3424.68.

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