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Resumption Of Uptrend? *RES 4:....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Resumption Of Uptrend?
*RES 4: 3700.00 Round number resistance
*RES 3: 3687.22 Jan 2018 high
*RES 2: 3665.64 0.764 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 1: 3631.04 High Oct 25
*PRICE: 3624.68 @ Close Oct 25
*SUP 1: 3571.01 Low Oct 18 and key support
*SUP 2: 3562.39 Low Oct 15
*SUP 3: 3531.23 Low Oct 14
*SUP 4: 3513.18 50-day EMA
EUROSTOXX50 managed a print above 3630.43 Friday. This negates the candle
pattern on Oct 17, a shooting star formation that suggested a top in the trend
had been identified. Instead, the move higher Friday confirms a resumption of
the uptrend although, it should be noted that Friday's price action is a doji
candle. This suggests a strong upside push may be difficult for now. Key support
is at 3571.01, Oct 18 low and needs to hold to maintain a bullish outlook.

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