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Bears Need Close Below 3614.06....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Need Close Below 3614.06
*RES 4: 3708.82 2017 High Nov 1 
*RES 3: 3687.29 2018 High Jan 23 
*RES 2: 3674.50 High Jan 24 
*RES 1: 3659.33 High Jan 25
*PREVIOUS CLOSE: 3643.04
*SUP 1: 3636.05 Low Jan 29 
*SUP 2: 3614.06 Low Jan 25 
*SUP 3: 3607.41 21-DMA 
*SUP 4: 3603.47 Low Jan 15
*COMMENTARY: Bulls still need a close above 3659.33 to pressure 2018 highs and
return focus to tests of 2017 highs. Correcting O/B studies remain a concern for
bulls. Layers of support remain 3552.83-3603.47 where key DMAs are situated.
Bears look for a close below 3614.06 to pressure key DMAs and below the 200-DMA
to add weight to the case for a correction back to 2018 lows (3467.78).

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