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Bears Need Close Below 3607.21....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Need Close Below 3607.21
*RES 4: 3686.70 Daily Bull channel 
*RES 3: 3666.80 2017 High May 8 
*RES 2: 3645.99 Bollinger band top 
*RES 1: 3625.87 High Oct 18
*PREVIOUS CLOSE: 3619.65
*SUP 1: 3607.21 Low Oct 18 
*SUP 2: 3598.12 Low Oct 17 
*SUP 3: 3589.98 Low Oct 10 
*SUP 4: 3582.07 Hourly resistance Sept 29 now support
*COMMENTARY: Topside follow through remains lacking following continued 5mth
highs. Initial support is now noted at 3607.21 with bears needing a close below
to ease immediate bullish pressure and see the index pressure the
3582.07-3586-15 region where the daily bull channel base and 21-DMA are
situated. Overall below 3582.07 hints at a move back to 3506.61-3529.19 where 55
& 100-DMAs are noted. While 3582.07 supports bulls target 2017 highs.

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