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

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Consolidating Gains
*RES 4: 3452.41 High Sep 27 
*RES 3: 3370.00 Downtrend resistance from Jan 2018 high 
*RES 2: 3301.67 200-dma 
*RES 1: 3274.40 Low Sep 7 now resistance 
*PREVIOUS CLOSE: 3244.79 
*SUP 1: 3168.08 21-dma 
*SUP 2: 3100.70 Pivot 
*SUP 3: 2908.70 Dec 27 low 
*SUP 4: 2892.52 Aug 3 2016 Low 
Eurostoxx had a very quiet session yesterday, consolidating the gains seen on
Friday. The Sep 7 low remains the focus, with a break above here opening the
200-dma at 3301.67. To regain the upper hand bears need to break back below the
21-dma at 3168.08, which would bring the 3100 pivot area into focus. Below here
would suggest a bearish reversal towards the Dec 27 low at 2908.70.

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