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Consolidating *RES 4: 3700.00.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Consolidating
*RES 4: 3700.00 Round number resistance
*RES 3: 3687.22 Jan 2018 high
*RES 2: 3665.64 0.764 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 1: 3637.94 High Oct 28 and bull trigger
*PRICE: 3623.74 @ Close Nov 1
*SUP 1: 3593.60 Low Oct 31
*SUP 2: 3571.01 Low Oct 18 and key support
*SUP 3: 3562.39 Low Oct 15
*SUP 4: 3531.23 Low Oct 14
EUROSTOXX50 is consolidating. Overall, a bullish outlook remains intact
following October's print of fresh trend highs that maintains the bullish leg
that started on Oct 15. It should be noted though that the price patterns on Oct
25/28 are doji candle formations and remain relevant. They suggest a strong
upside push is proving difficult and indeed recent activity has been lacklustre,
trading sideways. Key support to watch is 3571.01, Oct 18 low.

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