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Hesitating Ahead Of Bear..........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Hesitating Ahead Of Bear Channel Top
*RES 4: 3448.63 High Mar 16 
*RES 3: 3424.31 Hourly resistance Mar 19 
*RES 2: 3384.83 Daily Bear channel top off 2018 high 
*RES 1: 3372.53 Hourly support Mar 7 now resistance
*PREVIOUS CLOSE: 3361.50
*SUP 1: 3333.25 Low Mar 29 
*SUP 2: 3261.86 2018 Low Mar 26
*SUP 3: 3252.29 High Feb 8 2017 now support 
*SUP 4: 3214.31 2017 Low Feb 8
*COMMENTARY: Bulls take comfort in hesitation ahead of 2018 lows that provided
the impetus for a bounce back towards the bear channel top. Bulls now need a
close above the channel top to ease bearish pressure and above 3476.21 to shift
initial focus to 3510.63-3516.51 where 100 & 200-DMAs are noted. Bears now look
for a close below 3333.25 to retain focus on 2017 lows.

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