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3300 Area Looks Key *RES 4:.......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3300 Area Looks Key
*RES 4: 3452.41 High Sep 27 
*RES 3: 3370.00 Downtrend resistance from Jan 2018 high 
*RES 2: 3296.98 200-dma 
*RES 1: 3274.40 Low Sep 7 now resistance 
*PREVIOUS CLOSE: 3263.70
*SUP 1: 3187.71 21-dma 
*SUP 2: 3100.70 Pivot 
*SUP 3: 2908.70 Dec 27 low 
*SUP 4: 2892.52 Aug 3 2016 Low 
Eurostoxx continues to edge towards the key 3300 area with the Sep 7 low at
3274.40 and the 200-dma at 3296.98 just above it. A close above 3300 will be
needed to open down trendline resistance from the Jan 2018 highs. To regain the
upper hand bears need to break back below the 21-dma at 3187.71, which would
bring the 3100 pivot area into focus. Below here would suggest a bearish
reversal towards the Dec 27 low at 2908.70.

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