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Freefall *RES 4: 3762.35 High.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Freefall
*RES 4: 3762.35 High Feb 24
*RES 3: 3668.70 High Feb 25
*RES 2: 3595.80 High Feb 26
*RES 1: 3553.05 High Feb 27
*PRICE: 3455.34 @ Close Feb 27
*SUP 1: 3398.64 Low Oct 3
*SUP 2: 3387.43 76.4% retracement of the Aug 2019 - Feb rally
*SUP 3: 3318.33 Low Aug 26
*SUP 4: 3286.54 Low Aug 16
EUROSTOXX 50, suffered sharp losses again yesterday with equity markets in
general in freefall as risk aversion tightens its grip on market sentiment. The
sharp move lower has exposed the final key retracement level at 3387.43, 76.4%
of the Aug - Feb rally. Note too that there is an important support at 3398.64,
Oct 3 low. Clearance of these two levels would open 3318.33, Aug 26 low. Initial
resistance is at 3553.05, yesterday's high.

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