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Bulls Still Need Close Above......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bulls Still Need Close Above 3588.33 
*RES 4: 3642.10 Low Nov 8 now resistance 
*RES 3: 3622.16 21-DMA 
*RES 2: 3588.33 High Nov 14 
*RES 1: 3580.52 55-DMA
*PREVIOUS CLOSE: 3561.41
*SUP 1: 3536.21 Low Nov 20 
*SUP 2: 3519.35 Low Nov 15 
*SUP 3: 3510.02 200-DMA 
*SUP 4: 3497.29 High Aug 16 now support
*COMMENTARY: Since closing below the daily bull channel base the sell-off has
seen the index dup below the 100-DMA (3527.84) with focus on 3467.78-3508.60
region where the 200-DMA is noted. O/S daily studies looking to correct remain
the key concern for bears. Bulls continue to look for a close above 3588.33 to
confirm a break of the 55-DMA, easing bearish pressure and above 3642.10 to
return focus to 2017 highs.

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