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Extending gains into the European session

EQUITIES
  • Estoxx and Emini, and broader indices are extending small gains in early European trading, paring some of Friday's sell off.
  • Emini would need a test to 5233.50 to reverse the initial selling on Friday afternoon, and extension 5270.25 would reverse the US CPI sell off.
  • For VGM4 4957.00 would represent Friday's sell off reversal, ahead of 4979.00, Friday's high.
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  • Estoxx and Emini, and broader indices are extending small gains in early European trading, paring some of Friday's sell off.
  • Emini would need a test to 5233.50 to reverse the initial selling on Friday afternoon, and extension 5270.25 would reverse the US CPI sell off.
  • For VGM4 4957.00 would represent Friday's sell off reversal, ahead of 4979.00, Friday's high.