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Continued consolidation

EQUITIES
  • Estoxx futures (VGH4) is now back at pre US CPI levels, but most investors will look for resistance at 4753.00, Yesterday's high.
  • The same cannot be said for the US and the Emini for example, would need to trade all the way up to 5023.50 to consolidate the US CPI sell off, now trading at 4993.75.

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