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200-DMA Remains Key Support.......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 200-DMA Remains Key Support
*RES 3: 3452.41 High Sep 27
*RES 2: 3422.34 High Mar 19
*RES 1: 3377.93 High Mar 22
*PRICE: 3321.90 @ Close Mar 27
*SUP 1: 3281.79/3275.64/3273.68 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
The 200-dma remains key support for Eurostoxx, currently sitting at 3275.64 and
bears need to break and close below here to reignite any further downside
momentum. But, for now, the outlook is more neutral, with bulls initially
targeting the Mar22 high at 3377.93 ahead of the best levels of 2019 at 3422.34.
Bears remain focused on Monday's low/200-dma/March 8 low at
3281.79/3275.64/3273.68. Below here would add weight to the bearish reversal
case and open the 32.8% retracement/Feb 6 high at 3226.12/3215.04.

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