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55-DMA Now Key Support *RES 4:...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: 55-DMA Now Key Support 
*RES 4: 3529.99 High July 20 
*RES 3: 3518.42 100-DMA 
*RES 2: 3529.99 High July 20 
*RES 1: 3497.29 High Aug 16
*PREVIOUS CLOSE: 3495.19
*SUP 1: 3480.60 Hourly support Sept 11 
*SUP 2: 3466.34 55-DMA 
*SUP 3: 3432.40 Hourly support Sept 6 
*SUP 4: 3417.01 Hourly resistance Sept 6 now support
*COMMENTARY: The recovery from last week's low has seen a close above the 55-DMA
and bear channel top, confirming an easing of bearish pressure and shifting
immediate focus to 3497.29-3539.48. Bulls look for a close above 3539.48 to
shift overall focus to 2017 highs. Layers of support continue to build and add
support to the bullish case. Bears now need a close below the 55-DMA to ease
bullish pressure.

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