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Bears Need Close Below Channel....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears Need Close Below Channel Base 
*RES 4: 3680.65 Daily Bull channel 
*RES 3: 3666.80 2017 High May 8 
*RES 2: 3643.67 Bollinger band top 
*RES 1: 3619.66 High Oct 17
*PREVIOUS CLOSE: 3607.27
*SUP 1: 3598.12 Low Oct 17 
*SUP 2: 3589.98 Low Oct 10 
*SUP 3: 3582.07 Hourly resistance Sept 29 now support 
*SUP 4: 3580.10 Daily Bull channel base
*COMMENTARY: Topside follow through remains lacking following continued 5mth
highs by the smallest of margins. Bulls now look for a close above 3619.66 to
add support to the case for a test of 3666.80-3680.65 where the daily bull
channel top and 2017 highs are situated. Layers of support are accumulating with
bears needing a close below 3289.98 to ease bullish pressure and below the daily
bull channel base to shift focus back to 3505.70-3529.19.

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