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Holding Above 3000 *RES 4:........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Holding Above 3000
*RES 4: 3463.03 High Aug 28 
*RES 3: 3452.41 High Sep 27 
*RES 2: 3422.34 High Mar 19 
*RES 1: 3377.93 High Mar 22 
*PRICE: 3300.48 @ Close Mar 25
*SUP 1: 3274.49/3273.68 200-dma/Low Mar 8 
*SUP 2: 3226.12/3215.04 38.2% retracement/High Feb 6 
*SUP 3: 3175.71 Low Feb 15 
*SUP 4: 3124.62 Low Feb 8 
Eurostoxx managed to remain above its March 8 low yesterday allowing bulls to
recover the 3300 level. A break back above Friday's high at 3377.93 would allow
a run at the ytd high of 3422.34. Bears remains focused on the 200-dma/March 8
low at 3274.49/3273.68. Below here would add weight to the bearish reversal case
and open the 32.8% retracement/Feb 6 high at 3226.12/3215.04. 

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