EUROSTOXX50 TECHS: (Z6) Bearish Theme

* RES 4: 6612.00 High Aug 13 and key resistance * RES 3: 6533.00 High Aug 23 High Sep 4 * RES 2: 6442.00 High Sep 8 * RES 1: 6374.02/6385.00 50-day EMA / High Sep 22 * PRICE: 6374.00 @ 07:15 BST Sep 23 * SUP 1: 6218.00 Low Sep 15 * SUP 2: 6200.00 Round number support * SUP 3: 6159.59 2.236 proj of the Aug 13 - 20 - 27 price swing * SUP 4: 6135.21 2.382 proj of the Aug 13 - 20 - 27 price swing Despite recent gains, EUROSTOXX 50 futures are trading closer to their recent lows. A short-term bearish theme remains in play. An important support around the 50-day EMA, currently 6374.02, has recently been breached, strengthening a bear threat. A continuation lower would pave the way for a test of the 6200.00 handle and clearance of this level would open 6159.59, a Fibonacci projection. Resistance to watch is at the 50-day EMA.