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Below 3497.29 To Confirm..........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Below 3497.29 To Confirm Channel Break 
*RES 4: 3642.10 Low Nov 8 now resistance 
*RES 3: 3620.01 High Nov 10 
*RES 2: 3595.20 55-DMA 
*RES 1: 3575.29 Hourly resistance Dec 1
*PREVIOUS CLOSE: 3527.55
*SUP 1: 3521.57 200-DMA 
*SUP 2: 3519.35 Low Nov 15 
*SUP 3: 3515.57 Weekly Bull channel base (Off July 2016 low) 
*SUP 4: 3497.29 High Aug 16 now support
*COMMENTARY: Topside follow was lacking last week on pops above 21 (3589.18) &
55-DMAs leaving the index looking offered and seeing immediate pressure on the
200-DMA. Bears now look for a close below 3497.29 to confirm a break of the
weekly bull channel base with below 3467.78 to target 3363.68-3397.27. Bulls now
need a close above 3575.29 to ease bearish pressure and above 3642.10 with
overall focus returning to tests of 2017 highs.

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