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Supported Around Weekly Bull......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Supported Around Weekly Bull Channel Base 
*RES 4: 3642.10 Low Nov 8 now resistance 
*RES 3: 3620.01 High Nov 10 
*RES 2: 3597.05 Hourly support Dec 18 now resistance 
*RES 1: 3576.49 Hourly resistance Dec 21
*PREVIOUS CLOSE: 3550.17
*SUP 1: 3548.76 Weekly Bull channel base (Off July 2016 low) 
*SUP 2: 3536.95 200-DMA 
*SUP 3: 3519.35 Low Dec 7 
*SUP 4: 3497.29 High Aug 16 now support
*COMMENTARY: The weekly bull channel base off July 2016 lows continues to
confirm significance but the index remains capped ahead of 3620.01-3642.10.
Bulls need a close above 3620.01 to gain traction topside and above 3642.10 to
confirm focus on tests of 2017 highs. The 3467.78-3519.35 support region remains
key. Bears need a close below 3519.35 to confirm a bearish bias and below
3467.78 targets 3363.68 Aug lows.

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