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Pressure Back On Initial..........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Pressure Back On Initial Resistance
*RES 4: 3511.25 200-DMA 
*RES 3: 3496.65 100-DMA 
*RES 2: 3476.21 High Feb 27 
*RES 1: 3448.63 High Mar 16
*PREVIOUS CLOSE: 3443.97
*SUP 1: 3399.97 Low Apr 6 
*SUP 2: 3383.17 Alternating daily support/resistance 
*SUP 3: 3300.81 Low Apr 4 
*SUP 4: 3261.86 2018 Low Mar 26
*COMMENTARY: Bulls continue to look for a close above 3448.63 to confirm
traction above the 55-DMA and above 3523.28 to confirm breaks of 100 & 200-DMAs
& shift focus to 2018 highs. The 3383.17-3399.97 support region remains key.
Bears need a close below 3399.97 to ease bullish pressure and below 3383.17 to
shift focus back to 2018 lows. Daily studies approaching O/B are a concern for
bulls.

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