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Estoxx future trades near its contract high

EQUITIES
  • Some mixed price action on both side of the Atlantic, US Equities sit mostly in the red, while Estoxx future is just 17 points off its contract high printed at 4798.00 last Friday.
  • Investors have so far favoured to fade ahead of the 4800 level.
  • In terms of Technical, a clear break through 4800.00 for VGH4, would open to 4848.00 2.00 projection of the Nov 8 - 24 - 28 price swing.
  • Resistance for the US Emini is still a little further out, up to 5024.75.
  • Big day for earning with NVIDIA set to report after markets.

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