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Trend Remains Up *RES 4:..........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Trend Remains Up
*RES 4: 3836.28 High Oct 13, 2015
*RES 3: 3748.12 1.000 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 2: 3700.00 Round number resistance
*RES 1: 3708.65 High Nov 7
*PRICE: 3699.65 @ Close Nov 8
*SUP 1: 3637.94 High Oct 28 and former breakout point
*SUP 2: 3593.60 Low Oct 31
*SUP 3: 3571.01 Low Oct 18 and key support
*SUP 4: 3562.39 Low Oct 15
EUROSTOXX50 is likely to retain a bullish focus following last weeks extension
higher. The clear break recently of 3637.94, Oct 28 high confirmed a resumption
of the underlying uptrend, paving the way for strength towards 3748.12 next, now
that 3700.00 has been cleared. Momentum and moving average studies remain firm
reinforcing the current trend conditions. On the downside, initial support is at
3637.96.

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