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Bulls Come To Life Ahead Of Sep...>

EUROSTOXX50 TECHS: Bulls Come To Life Ahead Of Sep Lows
*RES 4: 3490.00 Down trendline resistance from Jan high 
*RES 3: 3486.31 High Aug 10 
*RES 2: 3462.81 High Aug 28 
*RES 1: 3376.03 21-dma 
*SUP 1: 3274.40 Low Sep 7 
*SUP 2: 3261.86 Low Mar 26 
*SUP 3: 3214.31 Low Feb 8 2017 
*SUP 4: 3175.00 Bear channel bottom 
Eurostoxx50 recovered early losses yesterday to close above Monday's close as
bulls came to life ahead of the Sep 7 low at 3274.40. Bulls now look to target
21-dma, above which would open the Aug 28 high and 200-dma. The broader bearish
trend remains intact though and a break below the Sep 7 lows would suggest an
acceleration in the downtrend.

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