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E-minis edging lower in the wake of the....>

EQUITIES
EQUITIES: E-minis edging lower in the wake of the previously mentioned RTRS
sources piece re: the NASDAQ being set to "unveil new restrictions on initial
public offerings, a move that will make it more difficult for some Chinese
companies to debut on its stock exchange."
- Little else in the way of notable headline flow to go off.
- A reminder that S&P 500 e-minis managed to break and close above 2,930.12, the
61.8% retracement of the move from the YtD high to the YtD low (on a
continuation chart), although faltered just ahead of the April 30 high
(2,965.00), which now provides initial resistance.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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