Free Trial

Edging lower in the past few minutes

EQUITIES
  • Equities are back at session lows but it's been a fairly tight range for this week, VGM3 has traded in a 4342.00/4275.00 (high/low) range and these will be the initial resistance/support.
  • Similar story for the Emini (ESM3), trading in 4305.75/4262.75 (high/low) range for this week, and these will again be the initial resistance/support for the contract.
  • Regarding cash SPX, investors are keeping an eye on the 4325.28 level, the August 2022 high, when US cash opens later this afternoon.

To read the full story

Close

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.