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

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Layers Of Resistance 3515.84-3555.37 Key 
*RES 4: 3537.62 55-DMA 
*RES 3: 3529.99 High July 20 
*RES 2: 3515.84 100-DMA 
*RES 1: 3508.90 Hourly support July 20 now resistance
*PREVIOUS CLOSE: 3493.14
*SUP 1: 3480.78 Hourly support July 26 
*SUP 2: 3472.07 Low July 26 
*SUP 3: 3463.74 Hourly resistance July 24 now support 
*SUP 4: 3431.19 Low July 24
*COMMENTARY: The recovery from Monday's low is gaining traction with immediate
focus on key layers of resistance 3515.84-3555.37 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 3463.74 to ease bullish pressure
and return initial focus to 3431.19.

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