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Trendline Resistance In Focus ....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Trendline Resistance In Focus 
*RES 4: 3402.36 55-dma 
*RES 3: 3380.85 High May 28 
*RES 2: 3358.53 21-dma 
*RES 1: 3341.50 Trendline resistance 
*PRICE: 3333.49 @ Close June 4 
*SUP 1: 3248.54 Low June 3 
*SUP 2: 3211.92 50% retracement 2908.70-3514.62 
*SUP 3: 3140.16/3124.62 61.8% retracement 2908.70-3514.62/Low Feb 8 
*SUP 4: 3080.00 Head and shoulders target 
Eurostoxx extended its recovery yesterday to put the focus back on down
trendline resistance from the May highs. A break above here would open the
21-dma just above at 3358.53. Above here would target the May 28 high at
3380.85. The downside target remains Monday's low at 3248.54 with bears needing
a break below here to open the 50% retracement of the Dec-April rally.

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