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Key Resistance Is 3733.45 *RES....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Key Resistance Is 3733.45
*RES 4: 3836.28 High Oct 13, 2015
*RES 3: 3830.60 1.236 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 2: 3748.12 1.000 projection of Aug 15 - Oct 1 rally from Oct 3 low
*RES 1: 3733.45 High Nov 19 and bull trigger
*PRICE: 3703.58 @ Close Nov 29
*SUP 1: 3651.51 Low Nov 21
*SUP 2: 3637.94 High Oct 28 and former breakout point
*SUP 3: 3593.60 Low Oct 31
*SUP 4: 3589.97 Trendline support drawn off the Aug 15 low
EUROSTOXX50 was choppy Friday and maintains a consolidative tone. Price action
on Nov 19 is still relevant. In candle terms, the pattern on this day is a
shooting star, highlighting a possible top. Prices subsequently also recently
traded through support at 3679.63, Nov 13 low potentially opening up 3637.94,
Oct 28 high. A break would undermine the uptrend. Clearance of 3733.45 is needed
to negate the threat and also to resume the underlying bull trend.

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