Above Nov 8 High Would Mark.......>

EUROSTOXX50 TECHS: Above Nov 8 High Would Mark Bullish Break

*RES 4: 3536.87 High Jul 31 

*RES 3: 3486.31 High Aug 10 

*RES 2: 3452.41 High Sep 27 

*RES 1: 3263.72 High Nov 8

*PREVIOUS CLOSE: 3229.49 

*SUP 1: 3197.36 21-dma 

*SUP 2: 3090.85 Low Oct 26 

*SUP 3: 3030.00 Up trendline support from 2012 low 

*SUP 4: 2984.48 Low Dec 2 2016 

Eurostoxx50 remains sandwiched between the Nov 8 high at 3263.73 and the 21-dma

at 3197.36. A break above the former would trigger an inverse head-and-shoulder

pattern targeting the Sep 27 highs, above which the downtrend from the January

high would come under threat. Below the 21-dma, on the other hand, extends the

selloff towards up trendline support from the 2012 low which comes in around

3030.