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Estoxx futures through MNI tech resistance

EQUITIES

Estoxx futures has now gained 26 points in the past 30 minutes.

  • This looks to be cash led with Travel/leisure and Banks leading in Stoxx 600.
  • Spanish PMI miss, triggered further buying, with expectation of further stimulus to kick start the EU Economy..
  • Estoxx futures is through our tech resistance of 3377.44 High Aug 12, now at 3384.00,
  • Furthet upside momentum will target 3402.19 High Jul 22 bext

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