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Topside Follow Through Lacking....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Topside Follow Through Lacking
*RES 4: 3600.36 Low Jan 21 now resistance 
*RES 3: 3570.95 Alternating daily support/resistance 
*RES 2: 3555.52 Bollinger band top 
*RES 1: 3523.81 High Apr 24
*PREVIOUS CLOSE: 3510.88
*SUP 1: 3476.59 Low Apr 18 
*SUP 2: 3455.22 Hourly support Apr 17 
*SUP 3: 3435.58 Low Apr 16 
*SUP 4: 3411.63 Low Apr 11
*COMMENTARY: The index is struggling to gain traction above the 200-DMA
(3511.63) & 55-WMA (3516.74) with a marginal break of 3523.28 lacking follow
through. In saying that, bears continue to look for a close below 3476.59 to
gain breathing room and below 3383.17 to focus on 2018 lows. Bulls now need a
close above 3523.81 to end bearish hopes, shifting initial focus to
3570.95-3600.36 and overall focus to 2018 highs.

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