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Bears Need Close Below 21-DMA.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Need Close Below 21-DMA
*RES 4: 3567.86 Low Feb 2 now resistance 
*RES 3: 3536.70 200-DMA 
*RES 2: 3523.28 Low Feb 2 now resistance 
*RES 1: 3476.20 High Feb 27
*PREVIOUS CLOSE: 3439.00
*SUP 1: 3435.40 21-DMA 
*SUP 2: 3420.59 Hourly resistance Feb 22 now support 
*SUP 3: 3393.28 Low Feb 22 
*SUP 4: 3368.10 Hourly resistance Feb 14 now support
*COMMENTARY: The marginal break of 3474.85 lacked follow through with the
recovery from 2018 lows potentially in trouble. Bears now need a close below the
21-DMA to ease bullish pressure and below 3368.10 to return focus to the 200-WMA
(3297.80). Bears then need a close below the 200-WMA to target 2017 lows
(3214.31). Bulls continue to look for a close above 3476.20 to to initially
target DMAs in the 3523.28-3600.36 region.

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