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Range Base Remains Unbroken ......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Range Base Remains Unbroken 
*RES 4: 3521.55 100-DMA 
*RES 3: 3508.90 Hourly support July 20 now resistance 
*RES 2: 3490.49 High Aug 1 
*RES 1: 3466.11 Hourly support Aug 2 now resistance
*PREVIOUS CLOSE: 3466.37
*SUP 1: 3454.06 Hourly support Aug 3 
*SUP 2: 3433.68 Bollinger band base 
*SUP 3: 3431.19 Low July 24 
*SUP 4: 3407.33 Monthly Low Apr 19
*COMMENTARY: Broad sideways trading 3431.19-3555.37 continues with the
3508.90-3555.37 resistance region remaining key. Bulls now need a close above
3490.49 to shift focus back to 3508.90-3555.37. While 3490.49 caps bears now
focus on a break of 3431.19 needed to target 3369.47-3390.04 where the bear
channel base and 200-DMA (3369.47) are situated. Relatively flat Bollinger bands
suggest further sideways trading.

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