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Testing Support *RES 4: 3536.87...>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Testing Support
*RES 4: 3536.87 High Jul 31 
*RES 3: 3490.00 Down trendline resistance from Jan high 
*RES 2: 3486.31 High Aug 10 
*RES 1: 3462.81 High Aug 28 
*PREVIOUS CLOSE: 3375.08 
*SUP 1: 3372.30 21-dma 
*SUP 2: 3261.86 Low Mar 26 
*SUP 3: 3214.31 Low Feb 8 2017 
*SUP 4: 3175.00 Bear channel bottom 
Eurostoxx50 lost its grip on the 3400 level yesterday as Tuesday's low ant the
21-dma now come under pressure. Below here would return the focus to the March
26 low at 3261.86 and confirm yet another lower high for the index. Bulls need
to overcome the Aug 28 high and 200-dma at 3459.36 to establish a higher
cyclical high, something which has not been achieved since May.

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