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Bears Need Close Below 3570.51....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Need Close Below 3570.51
*RES 4: 3670.47 Low Nov 6 now resistance 
*RES 3: 3642.10 Low Nov 8 now resistance 
*RES 2: 3629.73 2018 High Jan 9 
*RES 1: 3617.75 High Dec 11
*PREVIOUS CLOSE: 3595.24
*SUP 1: 3589.25 55-DMA 
*SUP 2: 3570.51 Low Jan 5 
*SUP 3: 3524.31 Hourly resistance Dec 29 now support 
*SUP 4: 3508.37 Hourly resistance Feb 2 now support
*COMMENTARY: Continued hesitation ahead of the 3642.1 resistance is less than
ideal for bulls who need a close above this level to confirm initial focus on
tests of 2017 highs. Weekly studies remain well placed for further topside
following the recovery from a dip below the 55-WMA (3492.56) last week. Bears
continue to look for a close below 3570.51 to shift focus back to 2018 lows so
far.

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