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Are spiking higher

EQUITIES
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  • Not seen a clear trigger for this sudden spike in EU and US equities, price action and some of the moves this week have been quite volatile and sudden.
  • VGU4 sees next resistance at 4863.00 which is also close to the very short term 50% retrace of the August fall.
  • Small initial resistance in ESU4 comes at 5636.75.
  • The Dollar is finding some offers on this Equity move, EUR and GBP goes bid.
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  • Not seen a clear trigger for this sudden spike in EU and US equities, price action and some of the moves this week have been quite volatile and sudden.
  • VGU4 sees next resistance at 4863.00 which is also close to the very short term 50% retrace of the August fall.
  • Small initial resistance in ESU4 comes at 5636.75.
  • The Dollar is finding some offers on this Equity move, EUR and GBP goes bid.