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YTD Highs Back In Focus *RES 4:...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: YTD Highs Back In Focus
*RES 4: 3536.87 High July 31 
*RES 4: 3463.03 High Aug 28 
*RES 3: 3452.41 High Sep 27 
*RES 2: 3422.34 High Mar 19 
*PRICE: 3385.38 @ Close Apr 1 
*SUP 1: 3281.79/3274.22/3273.68 Low Mar 25/200-dma/Low Mar 8 
*SUP 2: 3226.12/3215.04 38.2% retracement/High Feb 6 
*SUP 3: 3175.71 Low Feb 15 
*SUP 4: 3124.62 Low Feb 8 
Eurostoxx extended its recovery yesterday to bring the March 19 ytd high at
3422.34 back within touching distance. A close above here would would open the
Sep 27 high at 3452.41 ahead of the Aug 28 high. To regain the upper hand bears
need to push back below the 200-dma which holds a key support area. Below here
would suggest a potential bearish reversal and open the 32.8% retracement/Feb 6
high at 3226.12/3215.04.

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