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Recovery Builds *RES 4: 3536.87...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Recovery Builds
*RES 4: 3536.87 High Jul 31 
*RES 3: 3497.00 Down trendline resistance from Jan high 
*RES 2: 3486.31 High Aug 10 
*RES 1: 3462.81 High Aug 28 
*PREVIOUS CLOSE: 3403.12 
*SUP 1: 3337.37 Low Sep 18 
*SUP 2: 3261.86 Low Mar 26 
*SUP 3: 3214.31 Low Feb 8 2017 
*SUP 4: 3175.00 Bear channel bottom 
Down trendline resistance from the Aug 1 high gave way yesterday as the rally
continued to gain pace following the break above the 21-dma. The Aug 28 high of
3426.81 is now in sight and a break above here would improve the medium-term
outlook allowing a run at trendline resistance from the Jan high. Bears look for
a close back below the Sep 18 low at 3337.37 to return the focus to the March 26
low at 3261.86.

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