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TECHS: Equity indices are off last.........>

EQUITIES
EQUITIES: TECHS: Equity indices are off last week's highs. Attention is on a
number of key support levels that if breached may signal a reversal:
ESM0: S&P futures key support lies at 2717.25, Apr 21 low.
VGM0: Estoxx 50 key support lies at 2745.00, Apr 16 low.
Z M0: FTSE key support lies at 5525.50, Apr 16 low.
Additional bearish tech considerations:
- Estoxx 50 and FTSE futures stall at the 50-day EMA. Despite attempting to
break above the average last week, so far the attempt has failed. This average
continues to suggest the primary trend is down. 
- S&P futures stalled last week just above 61.8% of the Feb -Mar sell-off.
- The support levels need to hold to maintain the current bullish momentum.

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