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Reversal Potential *RES 4:........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Reversal Potential
*RES 4: 3536.87 High Jul 31 
*RES 3: 3486.31 High Aug 10 
*RES 2: 3452.41 High Sep 27 
*RES 1: 3282.22 High Oct 17 
*PREVIOUS CLOSE: 3197.51 
*SUP 1: 3090.85 Low Oct 26 
*SUP 2: 3030.00 Up trendline support from 2012 low 
*SUP 3: 2984.48 Low Dec 2 2016 
*SUP 4: 2678.86 Low June 30 2016 
Eurostoxx50 broke above down trendline support yesterday as well as the 3200
level, which returns the focus to the upside. The Oct 17 high at 3282.22 is the
next upside target ahead of a potential run at the Sep 27 highs. On the
downside, bears look to take out the Oct 26 low at 3090.85 to extend the selloff
and test up trendline support from the 2012 low which comes in around 3030. 

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