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Bears return *RES 4: 3596.20......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bears return
*RES 4: 3596.20 High May 18, 2018
*RES 3: 3591.83 1.00 projection of Jun 27-Jul 4 rally off the Jul 27 low
*RES 2: 3573.57 High Jul 25
*RES 1: 3539.94 High Jul 29
*PRICE: 3462.85 @ Close Jul 30
*SUP 1: 3455.13 Low Jul 30
*SUP 2: 3442.39 Low Jun 28
*SUP 3: 3424.68 Low Jun 27
*SUP 4: 3379.49 Trendline support drawn off the Dec 27, 2018 low
EUROSTOXX50 saw prices sell-off sharply yesterday. Prices patterns are decidedly
bearish signalling scope for a deeper pullback near-term. In candle terms, a
bearish engulfing reversal formation defined activity on Jul 25 that signalled a
top. Yesterday's sell-off is known as a standard line and is a continuation
pattern. The focus is on support at 3424.68, the low of Jun 27 where a break
would trigger further downside. Resistance has been defined at 3539.94.

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