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Recovery May Be In Trouble *RES...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Recovery May Be In Trouble
*RES 4: 3567.86 Low Feb 2 now resistance 
*RES 3: 3538.00 200-DMA 
*RES 2: 3523.28 Low Feb 2 now resistance 
*RES 1: 3476.20 High Feb 27
*PREVIOUS CLOSE: 3458.00
*SUP 1: 3443.75 High Feb 8 now support 
*SUP 2: 3420.59 Hourly resistance Feb 22 now support 
*SUP 3: 3393.28 Low Feb 22 
*SUP 4: 3368.10 Hourly resistance Feb 14 now support
*COMMENTARY: The marginal break of 3474.85 lacked follow through with the
recovery from 2018 lows potentially in trouble. In saying that, bears need a
close below 3443.75 to ease bullish pressure and below 3368.10 to return focus
to the 200-WMA (3297.95). Bears then need a close below the 200-WMA to target
2017 lows (3214.31). Bulls now look for a close above 3476.20 to to initially
target DMAs in the 3523.28-3600.36 region.

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