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The Index is weaker this..........>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: The Index is weaker this morning. Several technical factors
are worth noting:
- Bearish candle patterns on Nov 19 and Dec 2 remain in play. The former is a
shooting star (inverted hammer) and the latter a standard line which is a
continuation pattern (bearish in this instance
- The fact that the index has found resistance within the trading range of Dec 2
points to a developing bearish theme.
- Last week, trendline support drawn off the Aug 15 low contained the downside
resulting in the bounce between Dec 3 and Dec 6.
- The trendline intersects at 3617.30 today and is the key support parameter to
watch. A break would highlight a reversal.
- For bullish conditions to remain intact, the trendline needs to hold

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