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Trendline Support Intact *RES.....>

EUROSTOXX50 TECHS: Trendline Support Intact
*RES 4: 3748.12 1.000 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 3: 3733.45 High Nov 19 and key resistance
*RES 2: 3729.74 High Dec 2
*RES 1: 3692.71 High Dec 6
*PRICE: 3687.45 @ Close Dec 11
*SUP 1: 3626.41/3625.00 Trendline drawn off the Aug 15 low / Low Dec 10
*SUP 2: 3594.80 Low Dec 3 and bear trigger
*SUP 3: 3593.60 Low Oct 31
*SUP 4: 3571.01 Low Oct 18
EUROSTOXX50 trendline support drawn off the Aug 15 low that intersects at
3626.41 today has so far this week remained intact. A bullish near-term focus is
maintained and attention is on initial resistance at 3692.71, Dec 6 high where a
break would open 3729.74, Dec 2 high and the key level at 3733.45, Nov 19 high.
Clearance of the latter would confirm a resumption of the underlying bull trend.
Key support is 3626.41, the trendline.

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