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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 AccessBears Eye YTD Lows *RES 4:........>
EUROSTOXX50 TECHS: Bears Eye YTD Lows
*RES 4: 3536.87 High Jul 31
*RES 3: 3486.31 High Aug 10
*RES 2: 3452.41 High Sep 27
*RES 1: 3263.72 High Nov 8
*PREVIOUS CLOSE: 3150.27
*SUP 1: 3090.85 Low Oct 26
*SUP 2: 3050.00 Up trendline support from 2012 low
*SUP 3: 2984.48 Low Dec 2 2016
*SUP 4: 2678.27 Low Jul 1 2016
Eurostoxx has resumed its broader downtrend as up trendline support from the Oct
26 low comes into focus. This level comes in around 3010 and a break below here
would suggest a return tot he 3090.85 low. Below here brings into play key up
trendline support from the 2012 lows. Bulls need to break above down trendline
resistance to target the Nov 8 highs at 3263.72, above which would suggest a
bottom has been established.
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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.