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Pressure Firmly On 3412.26 .......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Pressure Firmly On 3412.26 
*RES 4: 3473.46 55-DMA 
*RES 3: 3467.78 High Aug 23 
*RES 2: 3454.45 High Sept 1 
*RES 1: 3438.41 Alternating hourly support/resistance
*PREVIOUS CLOSE: 3420.86
*SUP 1: 3412.26 High Aug 30 now support 
*SUP 2: 3395.03 Hourly resistance Aug 29 now support 
*SUP 3: 3373.52 Hourly support Aug 29 
*SUP 4: 3363.68 Low Aug 29
*COMMENTARY: The index remains a little heavy as topside follow through lacks,
with pressure firmly on the 3412.26 support. Bears look for a close below
3412.26 to return focus to the bear channel base 3335.62. Layers of resistance
remain 3454.55-3539.48. Bulls now need a close above the 55-DMA to confirm focus
on 3497.29-3539.48 where the 100-DMA (3518.97) is located and above this region
to target 2017 highs.

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