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

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Below 3383.17 To Target 2018 Low
*RES 4: 3540.64 High June 15
*RES 3: 3505.02 Low June 15 now resistance
*RES 2: 3469.94 Hourly resistance June 18
*RES 1: 3451.90 Low June 18 now resistance
*PREVIOUS CLOSE: 3435.30
*SUP 1: 3410.41 Low June 19 
*SUP 2: 3395.31 Bollinger band base 
*SUP 3: 3389.53 100-WMA 
*SUP 4: 3383.17 Alternating daily support/resistance
*COMMENTARY: The lack of follow through above the 200-DMA (3521.62) last week
has seen the pair dip below the bull channel base (3428.77) off 2018 lows. Bears
continue to look for a close below 3383.17 to confirm a break of the channel
base and 100-WMA and target 2018 lows. Daily studies have room to move before
O/S is an issue. Bulls now need a close above 3469.94 to gain breathing room and
above 3505.02 to shift focus back to 3540.03-3600.36.

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