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Finding Support Ahead Of..........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Finding Support Ahead Of 200-DMA 
*RES 4: 3497.29 High Aug 16 
*RES 3: 3497.21 55-DMA, Bear channel top 
*RES 2: 3484.66 High Aug 17 
*RES 1: 3466.64 21-DMA
*PREVIOUS CLOSE: 3455.59
*SUP 1: 3432.46 Low Aug 22 
*SUP 2: 3412.87 Bollinger band base 
*SUP 3: 3411.06 Low Aug 21 
*SUP 4: 3395.25 200-DMA
*COMMENTARY: Support emerging ahead of the 200-DMA has seen the index recover
lost ground and focus back on the 3497.21-3539.48 region where key DMAs and the
bear channel top are situated. Bulls look for a close above 3539.48 to end
bearish hopes and initially target 3615.06 June highs. Bears now need a close
back below 3432.46 to ease pressure on key resistance layers and below 3390.04
to focus on 3355.40.

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