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Uptrend Lacking Impulse? *RES.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Uptrend Lacking Impulse?
*RES 4: 3700.00 Round number resistance
*RES 3: 3687.22 Jan 2018 high
*RES 2: 3665.64 0.764 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 1: 3637.94 High Oct 28
*PRICE: 3625.69 @ Close Oct 28
*SUP 1: 3571.01 Low Oct 18 and key support
*SUP 2: 3562.39 Low Oct 15
*SUP 3: 3531.23 Low Oct 14
*SUP 4: 3513.18 50-day EMA
EUROSTOXX50 extended gains yesterday, managing a high print of 3637.94. The move
higher Friday and yesterday following the break last week of 3630.43, Oct 17
high confirms a resumption of the uptrend. It should however be noted that
Friday's price action is a doji candle as is yesterday's pattern This suggests a
strong upside push is proving difficult for now. Key support is at 3571.01, Oct
18 low and needs to hold to maintain a bullish outlook.

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