Bearish Below Oct 24 High *RES...>

EUROSTOXX50 TECHS: Bearish Below Oct 24 High 

*RES 4: 3486.31 High Aug 10 

*RES 3: 3452.41 High Sep 27 

*RES 2: 3282.22 High Oct 17 

*RES 1: 3185.60 High Oct 24, pivot area 

*PREVIOUS CLOSE: 3147.1 

*SUP 1: 3090.85 Low Oct 26 

*SUP 2: 3030.00 Up trendline support from 2012 low 

*SUP 3: 2984.48 Low Dec 2 2016 

*SUP 4: 2678.86 Low June 30 2016 

Eurostoxx50 remains below resistance at the Oct 24 high of 3185.60, with

yesterday's price action showing little attempt to challenge this level. The

downtrend remains intact with bears looking to take out the Oct 26 low at

3090.85 to extend the selloff and test up trendline support from the 2012 low

which comes in around 3030. On the upside, a close above 3185.60 would open the

Oct 17 high at 3282.22, ahead of a potential run at the Sep 27 highs.