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3620.01 Resistance Remains Key....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 3620.01 Resistance Remains Key
*RES 4: 3708.82 2017 High Nov 1 
*RES 3: 3670.47 Low Nov 6 now resistance 
*RES 2: 3642.10 Low Nov 8 now resistance 
*RES 1: 3620.01 High Nov 10
*PREVIOUS CLOSE: 3607.63
*SUP 1: 3589.09 55-DMA 
*SUP 2: 3570.51 Low Jan 5 
*SUP 3: 3524.31 Hourly resistance Dec 29 now support 
*SUP 4: 3508.37 Hourly resistance Feb 2 now support
*COMMENTARY: Bulls take comfort in the recovery from the week's lows with the
close above the 55-DMA Friday seeing immediate focus back on 3620.01. Bulls look
for a close above 3620.01 to gain traction topside and shift overall focus back
to 2017 highs (3708.82). Correcting O/S studies add support to the bullish case.
Bears now need a close below 3570.51 to ease pressure on resistance layers.

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