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3418.06 & 200-DMA Levels Key......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3418.06 & 200-DMA Levels Key
*RES 4: 3540.64 High June 15
*RES 3: 3508.16 200-DMA
*RES 2: 3502.05 55-WMA
*RES 1: 3487.00 High July 18
*PREVIOUS CLOSE: 3454.05
*SUP 1: 3429.03 21-DMA 
*SUP 2: 3418.06 Low July 12 
*SUP 3: 3389.44 Alternating daily support/resistance 
*SUP 4: 3353.94 Bollinger band base
*COMMENTARY: Failure to gain traction above the 55-DMA (3473.28) last week
resulted in a dip back to the 21-DMA Friday before recovering some lost ground.
Bears continue to look for a close below 3418.06 to confirm a break of the
21-DMA and shift initial focus back to 3340.50 June lows. Bulls continue to look
for a close above the 200-DMA to confirm focus on 3540.03-3566.53 where the bear
channel top (3545.60) off 2018 highs is located.

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