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Paring Some Gains *RES 4:.........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Paring Some Gains
*RES 4: 3596.20 High May 18
*RES 3: 3536.89 High July 31
*RES 4: 3463.03 High Aug 28
*RES 1: 3452.41 High Sep 27
*PRICE: 3370.18 @ 15:42 Mar 21
*SUP 1: 3350.87 Up trend channel support from Dec 27
*SUP 2: 3321.89 21-dma
*SUP 3: 3279.36/3273.68 200-dma/Low Mar 8
*SUP 4: 3223.40 Low Feb 19
After trading through the 150% retracement from 2908.70-3244.98 at 3213.12 on
Tuesday and reaching its highest level since October, Eurostoxx pared some of
its gains on Wed before hitting up trend channel support yesterday. Bulls need
to close above 3400 again to shift the focus to the Sep 27 high at 3452.41.
Bears look to close below uptrend support which comes in at 3343.50 to open the
21-dma at 3316.52.

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