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

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3300 Area Looks Key
*RES 4: 3536.87 High July 31 2018 
*RES 3: 3452.41 High Sep 27 
*RES 2: 3370.00 Downtrend resistance from Jan 2018 high 
*RES 1: 3294.09 200-dma 
*PREVIOUS CLOSE: 3280.01 
*SUP 1: 3200.14 21-dma 
*SUP 2: 3100.70 Pivot 
*SUP 3: 2908.70 Dec 27 low 
*SUP 4: 2892.52 Aug 3 2016 Low 
Eurostoxx sits below the key 200-dma at 3294.09 which looks set to be a tough
level to overcome. A close above here and the 3300 level would further improve
the outlook, opening down trendline resistance from the Jan 2018 highs. To
regain the upper hand bears need to break back below the 21-dma at 3200.14,
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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