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Remains Supported On Dips *RES...>

EUROSTOXX50 TECHS: Remains Supported On Dips 
*RES 4: 3662.49 Daily Bull channel top 
*RES 3: 3638.86 Bollinger band top 
*RES 2: 3618.34 High Oct 9 
*RES 1: 3610.50 Hourly resistance Oct 9
*SUP 1: 3589.98 Low Oct 10 
*SUP 2: 3582.07 Hourly resistance Sept 29 now support 
*SUP 3: 3575.85 Hourly resistance Sept 29a now support 
*SUP 4: 3569.49 Hourly support Sept 29
*COMMENTARY: The lack of topside follow-through on recent 5mth highs is a
concern for bulls given daily studies looking to correct from O/B. Bears still
need a close below 3582.07 to confirm a correction with immediate focus shifting
to 3555.90-3568.42 where the bull channel base and 21-DMA are situated. A close
below 3555.90 then targets 3497.29-3409.61 where 55 & 100-DMAs are noted. Bulls
need a close above 3618.34 to reconfirm the bullish bias.

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