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3429.06-3476.21 Resistance Key....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3429.06-3476.21 Resistance Key
*RES 4: 3507.37 55-DMA 
*RES 3: 3476.21 High Feb 27 
*RES 2: 3441.09 Hourly support Feb 28 now resistance 
*RES 1: 3429.06 Daily Bear channel top off 2018 high
*PREVIOUS CLOSE: 3420.54
*SUP 1: 3398.87 21-DMA 
*SUP 2: 3354.61 Hourly support Mar 7 
*SUP 3: 3316.01 Bollinger band base 
*SUP 4: 3306.66 2018 Low Feb 9
*COMMENTARY: The recovery from the failed attempt to take out 2018 lows left a
double daily bottom in place with focus now on 3429.06-3476.21 where the bear
channel top is noted. Bulls still need a close above 3476.21 to shift initial
focus to key DMAs 3507.37-3570.95. Support layers are building with bears
needing a close below the 200-WMA (3298.44) to target 2017 lows (3214.31) and
then the bear channel base (3147.46).

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