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Consolidating Gains *RES 4:.......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Consolidating Gains
*RES 4: 3400.00 Downtrend resistance from Jan 2018 high 
*RES 3: 3330.81 200-dma 
*RES 2: 3274.40 Low Sep 7 now resistance 
*RES 1: 3244.98 High Dec 3 
*PREVIOUS CLOSE: 3126.31 
*SUP 1: 3100.00 Pivot 
*SUP 2: 3051.16 21-dma 
*SUP 3: 2908.70 Dec 27 low 
*SUP 4: 2892.52 Aug 3 2016 Low 
Eurostoxx remains in a sideways trading pattern after consolidating recent gains
above the 3100 level. Bulls target the Dec 3 high at 3244.98 ahead of a run at
the Sep 7 low now acting as resistance. Bears need to retake the 3100 level to
turn the outlook neutral and open the 21-dma. Below here would open the 3000
level ahead of a retest of the Dec 27 low at 2908.70.

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