Stoxx50 failed to capitalize on Fridays gains with it dipping a little to start the new week. Bears continue to look for a close below the 3237.0 support to confirm an easing of bullish pressure whereas a close below 3190.7 is needed to hint at further downside. While 3237.0 supports, bulls target 2014 highs with a close above 3302.9 needed to confirm bullish pressure.
RES 4: 3362.3 Weekly Bollinger band top
RES 3: 3325.5 2014 High June 19
RES 2: 3302.9 High June 23
RES 1: 3301.5 Bollinger band top
PREVIOUS CLOSE: 3257.3
SUP 1: 3237.0 Low Sept 18
SUP 2: 3225.9 21-DMA
SUP 3: 3190.7 Low Sept 3
SUP 4: 3160.7 55-DMA