Free Trial

Uptrend Extends *RES 4: 3452.41...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Uptrend Extends
*RES 4: 3452.41 High Sep 27 
*RES 3: 3366.12 Up trend channel resistance from Dec27 
*RES 2: 3341.51 Up trend channel resistance from Feb8 
*RES 1: 3330.48 High Mar 1
*PREVIOUS CLOSE: 3312.10 
*SUP 1: 3279.26 Up trend channel support from Feb8 
*SUP 2: 3248.58 Up trend channel support from Dec27 
*SUP 3: 3227.31 21-dma 
*SUP 4: 3215.04 High Feb 5
Eurostoxx remains in a clear uptrend with bulls looking to take out Friday's
high to challenge channel top resistance levels which come in at 3341.51 and
3366.12. Above here would extend the rally towards the Sep 27 highs. To regain
the upper hand bears need to break back below uptrend support from the Dec 27
and Feb 8 lows which would bring the 21-dma into focus.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.