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EU Equities are seeing upside continuation

EQUITIES
  • European Tech (SX8P) continues to slowly clear the 900.00 area, the best performing sector in Stoxx600.
  • In terms of Technical, next resistances are seen further out, to 917.13 (Dec 2000 high), 927.53 (Nov 2000 high), 949.01 (Oct 2000 high).
  • Stoxx600 prints a new all time record high.
  • In Futures, Estoxx (VGM4) is clearing initial resistance noted at 5079.03.
  • Investors will be looking at 5100.00 next, followed by the June contact high of 5121.71.
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  • European Tech (SX8P) continues to slowly clear the 900.00 area, the best performing sector in Stoxx600.
  • In terms of Technical, next resistances are seen further out, to 917.13 (Dec 2000 high), 927.53 (Nov 2000 high), 949.01 (Oct 2000 high).
  • Stoxx600 prints a new all time record high.
  • In Futures, Estoxx (VGM4) is clearing initial resistance noted at 5079.03.
  • Investors will be looking at 5100.00 next, followed by the June contact high of 5121.71.