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Layers Of Resistance..............>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Layers Of Resistance 3517.58-3555.37 Key 
*RES 4: 3529.99 High July 20 
*RES 3: 3515.84 100-DMA 
*RES 2: 3508.90 Hourly support July 20 now resistance 
*RES 1: 3494.66 High July 25
*PREVIOUS CLOSE: 3491.19
*SUP 1: 3472.07 Low July 26 
*SUP 2: 3463.74 Hourly resistance July 24 now support 
*SUP 3: 3431.19 Low July 24 
*SUP 4: 3407.33 Monthly Low Apr 19
*COMMENTARY: The recovery from Monday's low is gaining traction with immediate
focus back on key layers of resistance 3517.58-3555.37 where 55 & 100-DMAs and
the bear channel top are situated. Bulls need a close above 3555.37 to confirm a
bullish bias and above 3615.06 to target 2017 highs. Layers of support are
accumulating with bears needing a close below to ease bullish pressure and
return initial focus to 3431.19.

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