Fresh 2015 and 6+ year highs continue for Stoxx50 with bulls taking additional comfort from the bullish close Monday. The 3332.5 support remains key with bears needing a close below to ease bullish pressure whereas below 3261.8 remains needed to shift focus to layers of support in the 3137.1-3177.0 region where key DMAs are located. While 3332.5 supports, bulls remain focused on the 3456.8-3612.3 region.
RES 4: 3612.3 Weekly High June 2008
RES 3: 3544.4 Weekly trend line extension
RES 2: 3456.8 Monthly High Aug 2008
RES 1: 3417.5 2015 High Jan 23
PREVIOUS CLOSE: 3414.2
SUP 1: 3332.5 High Jan 22 now support
SUP 2: 3261.8 Low Jan 22
SUP 3: 3198.4 Low Jan 19
SUP 4: 3177.0 High Jan 2 now support
