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Are underpinned on the cash open

EQUITIES
  • Stoxx600 closed the 18th upside gap yesterday, and fell just short of testing the record high at 476.16.
  • Today the Index is so far underpinned, helped by better buying in Futures since the cash open.
  • Leading stocks are Media, Chemical, Energy, while Tech is under pressure, down 0.77%.
  • In futures, VGU1 resistance is at 4249.50 High Sep 1
  • Mini S&P (ESU1) comes at 4542.58 1.236 proj of Jun 21 - Jul 14 - 19 price swing

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