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Bears Focused On 200-WMA *RES.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Focused On 200-WMA
*RES 4: 3551.43 200-DMA 
*RES 3: 3523.28 Low Feb 2 now resistance 
*RES 2: 3469.23 Low Jan 2 now resistance 
*RES 1: 3428.11 Hourly resistance Feb 8
*PREVIOUS CLOSE: 3377.30
*SUP 1: 3360.54 2018 Low Feb 8 
*SUP 2: 3355.40 Monthly High Feb 22 2017 now support 
*SUP 3: 3335.77 Low Mar 1 
*SUP 4: 3293.96 200-WMA
*COMMENTARY: Despite bouncing Wednesday bulls failed to trouble the 3469.23
resistance with bears taking comfort in fresh 2018 lows and targeting the
200-WMA. O/S daily studies remain the key concern for bears. Layers of
resistance are accumulating and weighing. Bulls continue to look for a close
above 3469.23 to ease bearish pressure & above 3523.28 to shift initial focus to
key DMAs clustered 3551.43-3600.36.

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