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Focus Currently On Key DMAs.......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Focus Currently On Key DMAs
*RES 4: 3687.29 2018 High Jan 23 
*RES 3: 3674.50 High Jan 24 
*RES 2: 3659.33 High Jan 25 
*RES 1: 3636.05 Low Jan 29 now resistance
*PREVIOUS CLOSE: 3609.29
*SUP 1: 3600.36 Low Jan 31 
*SUP 2: 3589.77 100-DMA 
*SUP 3: 3584.53 55-DMA 
*SUP 4: 3534.51 200-DMA
*COMMENTARY: Having failed to trouble 2017 highs on the recovery from 2018 lows
the index is again looking a little offered following closes below the 21-DMA
(3617.97). Focus is on key DMAs with bears needing a close below the 200-DMA to
add weight to the case for a move targeting 2018 lows. Bulls need a close above
3636.05 to gain breathing room and above 2018 highs to initially test 2017
highs.

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