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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Anther Failure At Higher Highs....>
EUROSTOXX50 TECHS: Anther Failure At Higher Highs
*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: 3399.20
*SUP 1: 3337.37 Low Sep 18
*SUP 2: 3261.86 Low Mar 26
*SUP 3: 3214.31 Low Feb 8 2017
*SUP 4: 3175.00 Bear channel bottom
Eurostoxx50 has seen some chart damage after failing to overcome the Aug 28 high
and 200-dma last week, which looks set to establish yet another lower high.
Bears look for a close back below the Sep 18 low at 3337.37 to return the focus
to the March 26 low at 3261.86. Bulls need a break above the 3462.81 to improve
the outlook, bringing down trendline resistance from the January high into
focus.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.