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Focus Shifts To 3540.03-3600.36...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Focus Shifts To 3540.03-3600.36
*RES 4: 3600.36 Low Jan 31 now resistance 
*RES 3: 3566.53 Low May 18 now resistance 
*RES 2: 3560.56 High May 24
*RES 1: 3540.03 High May 28
*PREVIOUS CLOSE: 3527.11
*SUP 1: 3497.32 High June 5 now support 
*SUP 2: 3493.98 21-DMA 
*SUP 3: 3454.12 High June 8 now support 
*SUP 4: 3422.03 Low June 8
*COMMENTARY: The close above the 200-DMA (3521.06) sees bulls regain the upper
hand and focus now on the 3540.03-3601.39 region where May highs are located.
Daily studies have a little room to move before O/B becomes an issue. The 21-DMA
is now key support. Bears need a close below to ease bullish pressure and hint
at a move back to 3383.17 with below 3454.12 to confirm.

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