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Finds Support *RES 4: 3836.28.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Finds Support
*RES 4: 3836.28 High Apr 13, 2015 and key resistance
*RES 3: 3820.82 2.00 projection of the Dec 3 - Dec 6 rally from Dec 10 low
*RES 2: 3816.32 High Apr 15, 2015
*RES 1: 3807.09 High Jan 2 and bull trigger
*PRICE: 3768.96 @ Close Jan 15
*SUP 1: 3732.90 Low Jan 8
*SUP 2: 3726.63 Trendline support drawn off the Aug 15 low
*SUP 3: 3710.94 Low Jan 6
*SUP 4: 3625.00 Low Dec 10
EUROSTOXX50 found support again off the day low yesterday. The technical outlook
is bullish. The index continues to trade above its key trendline support drawn
off the Aug 15 low. The trendline intersects at 3726.63 and a break of this
level is required to suggest the formation of a top in the current 5-month
uptrend. Until then, the focus is on a climb towards 3816.32 and 3836.28, the
Apr 15 and Apr 13, 2015 highs respectively. The bull trigger is 3807.09.

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