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Bulls In Charge *RES 4: 3400.00...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls In Charge
*RES 4: 3400.00 Downtrend resistance from Jan 2018 high 
*RES 3: 3324.14 200-dma 
*RES 2: 3274.40 Low Sep 7 now resistance 
*RES 1: 3244.98 High Dec 3 
*PREVIOUS CLOSE: 3161.74 
*SUP 1: 3100.00 Pivot 
*SUP 2: 3085.28 21-dma 
*SUP 3: 2908.70 Dec 27 low 
*SUP 4: 2892.52 Aug 3 2016 Low 
Eurostoxx looks set to extend its gains following the rally in US stocks as the
Dec 3 high of 3244.98 comes into focus. A break above here would further improve
the outlook suggesting a run at the 200dma at 3324.14. Bears need a close back
below 3100 to turn the outlook neutral and open the 21-dm at 3085.28. Below here
would open the 3000 level ahead of a retest of the Dec 27 low at 2908.70.

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