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Bears Need Close Below 3595.50 ...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Need Close Below 3595.50 
*RES 4: 3650.81 High May 11 
*RES 3: 3644.32 Daily Bull channel top 
*RES 2: 3629.37 Bollinger band top 
*RES 1: 3618.34 High Oct 9
*PREVIOUS CLOSE: 3610.50
*SUP 1: 3595.50 Low Oct 9 
*SUP 2: 3582.07 Hourly resistance Sept 29 now support 
*SUP 3: 3575.85 Hourly resistance Sept 29a now support 
*SUP 4: 3569.49 Hourly support Sept 29
*COMMENTARY: Pressure on 3615.06 has taken its toll with fresh 5mth highs
although follow through has been lacking. Bulls now focus on 3644.32-3666.80
where the channel top and 2017 highs are situated. The 3595.3 support remains
key. Bears need a close below to ease immediate bullish pressure and below
3582.07 to shift immediate focus to the 21-DMA (3555.04). O/B daily studies
looking to correct are the key concern for bulls.

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