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Signs Of Life *RES 4: 3490.00.....>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Signs Of Life
*RES 4: 3490.00 Down trendline resistance from Jan high 
*RES 3: 3486.31 High Aug 10 
*RES 2: 3462.81 High Aug 28 
*RES 1: 3300.00 Resistance 
*PREVIOUS CLOSE: 3210.37 
*SUP 1: 3150.00 Bear channel bottom 
*SUP 2: 3030.00 Up trendline support from 2012 low 
*SUP 3: 2984.48 Low Dec 2 2016 
*SUP 4: 2678.27 Low July 1 2016 
Eurostoxx50 is showing some signs of life after yesterday's early losses were
recovered to close up on the day. The downtrend remains very much intact, and
bulls need to recover 3300 to shift the outlook back to neutral. For bears, the
next downside target comes in at the bear channel bottom at 3150. Below here
would bring up trendline support from the 2012 lows into play. 

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