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EUROSTOXX50 TECHS: North-bound
*RES 4: 3573.57 High Jul 25 and key resistance
*RES 3: 3539.94 High Jul 29
*RES 2: 3526.53 High Jul 30
*RES 1: 3495.87 High Sep 6
*PRICE: 3495.19 @ Close Sep 6
*SUP 1: 3453.99 Low Sep 5
*SUP 2: 3406.55 Low Sep 3 and key near-term support
*SUP 3: 3356.68 Low Aug 29
*SUP 4: 3318.33 Low Aug 26
EUROSTOXX50 extended it impulsive rally once again Friday, reaching the 3494.66
objective, 76.4% of the Jul 25 - Aug 15 decline. The bullish outlook remains
intact with momentum studies still pointing north. Attention shifts to
resistance at 3526.53 and 3539.94, the Jul 30 and 29 highs respectively.
Clearance of the latter would open 3573.57, the high of Jul 25 high. First
support lies at 3453.99.