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3580.21-3625.87 Support Region....>

EUROSTOXX50 TECHS: 3580.21-3625.87 Support Region Key 
*RES 4: 3714.26 Monthly High July 20 2015 
*RES 3: 3712.00 Daily Bull Channel top 
*RES 2: 3686.57 High Aug 6 2015 
*RES 1: 3670.00 High Oct 27
*SUP 1: 3639.81 High Oct 26 now support 
*SUP 2: 3625.87 High Oct 18 now support 
*SUP 3: 3611.93 21-DMA 
*SUP 4: 3580.21 Low Oct 26
*COMMENTARY: Bears failed to capitalize on the close below the 21-DMA Wednesday
with index trading at fresh 5mth highs Thursday and Friday. Bears need a close
below 3625.87 to ease bullish pressure and below 3580.21 to confirm a break of
the bull channel base (3592.38) and shift focus back to 3506.61-3530.72 where 55
& 100-DMAs are located. Bulls remain focused on the break of 3670.00 2017 highs
needed to pressure the bull channel top.

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