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Uptrend intact *RES 4: 3573.57....>

EUROSTOXX50 TECHS: Uptrend intact
*RES 4: 3573.57 High Jul 25 and key resistance
*RES 3: 3539.94 High Jul 29
*RES 2: 3526.53 High Jul 30
*RES 1: 3503.05 High Sep 9
*PRICE: 3498.99 @ Close Sep 10
*SUP 1: 3453.99 Low Sep 5
*SUP 2: 3406.55 Low Sep 3 and key near-term support
*SUP 3: 3356.68 Low Aug 29
*SUP 4: 3318.33 Low Aug 26
EUROSTOXX50 is attempting a clear break of 3494.66, the 76.4% retracement of the
Jul 25 - Aug 15 decline. Bullish trend conditions remain in place, although
Tuesdays doji candle pattern does suggest the recent rally may be close to a
more mature stage in the cycle. Support to monitor for now is 3453.99, Sep 5
low. While this holds, look for the index to extend the upside towards 3539.94.
A break of 3453.99 would leave a dent in bullish sentiment.

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