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E-mini S&P Nears Overnight Highs

EQUITIES
  • E-mini S&P creeping toward the overnight highs in recent trade, with the index adding just over 10 points to narrow the gap with 4983.50, the Asia-Pac high. Uptick looks flow driven, with a slight increase in futures volumes noted at 0730, 0738 and 0743ET.
  • Clearance of 4983.50 opens the more notable resistance at 4997.75 - the contract high from Feb 2nd, while NASDAQ futures look more contained below yesterday's highs and 17793.50 - the Jan 24th best.

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