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Equities are off their lows

EQUITIES
  • Equities continue to recover from their lows, although still deep in red territory.
  • The March low in VGH3 at 4180.00 has held this morning, printed a 4190.00 today.
  • Resistance in VGH3 moves down to the 4259.00 area initially.
  • Bank stock (SX7E) are also recovering from the lows after falling 5.21% from the close.
  • Downside gap was from 116.41 to 114.93.
  • Emini (ESH3) sees small resistance around the 3950.00 area.

Chart source: MNI/Bloomberg

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