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Why MNI
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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
Downtrend Established *RES 4:....>
EUROSTOXX50 TECHS: Downtrend Established
*RES 4: 3540.64 High June 15
*RES 3: 3536.87 High July 31
*RES 2: 3514.78 High August 7
*RES 1: 3435.12 High August 14
*PREVIOUS CLOSE: 3372.94
*SUP 1: 3349.14 Low August 15
*SUP 2: 3340.85 Low June 27
*SUP 3: 3331.53 200-WMA
*SUP 4: 3306.66 Low February 18
With last week's break below up trendline support, a new downtrend has been
established, with any break of the August 15 low likely to see downside momentum
gather pace. A further break below the 200-wma would open the way towards the
March lows at 3261.86. With momentum indicators remaining negative, corrective
rebounds will need to convincingly rally above the weekly highs of 3435.12 to
change the broader picture.
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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.