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Below 3582.07 To Confirm..........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Below 3582.07 To Confirm Correction 
*RES 4: 3650.39 Daily Bull channel top 
*RES 3: 3631.46 Bollinger band top 
*RES 2: 3618.34 High Oct 9 
*RES 1: 3610.50 Hourly resistance Oct 9
*PREVIOUS CLOSE: 3598.79
*SUP 1: 3589.98 Low Oct 10 
*SUP 2: 3582.07 Hourly resistance Sept 29 now support 
*SUP 3: 3575.85 Hourly resistance Sept 29a now support 
*SUP 4: 3569.49 Hourly support Sept 29
*COMMENTARY: The lack of topside follow-through on recent 5mth highs is a
concern given daily studies looking to correct from O/B. Bears continue to look
for a close below 3582.07 to confirm a correction with immediate focus shifting
to 3549.85-3559.98 where the bull channel base and 21-DMA are situated. A close
below the channel base then targets 3493.83-3409.19 where 55 & 100-DMAs are
noted. Bulls need a close above 3618.34 to reconfirm the bullish bias.

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