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Below 3383.17 To Target 2018......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Below 3383.17 To Target 2018 Low
*RES 4: 3566.53 Low May 18 now resistance 
*RES 3: 3560.56 High May 24
*RES 2: 3540.64 High June 15
*RES 1: 3505.02 Low June 15 now resistance
*PREVIOUS CLOSE: 3466.65
*SUP 1: 3451.90 Low June 18 
*SUP 2: 3426.00 Daily Bull channel base 
*SUP 3: 3422.03 Low June 8 
*SUP 4: 3383.17 Alternating daily support/resistance
*COMMENTARY: Bears were not disappointed to start the new week with the index
looking offered following the failure to gain traction above the 200-DMA
(3521.54) last week. Focus has returned to 3383.17-3426.00 where the bull
channel base off 2018 lows is noted. Bears now need a close below 3383.17 to
target 2018 lows. Bulls need a close above 3505.02 to gain breathing room and
above 3600.36 to confirm focus on 2018 highs.

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