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Futures are seeing upside continuation

EQUITIES
  • Equity futures are extending higher, ESU2 is testing immediate resistance at 4226.95 1.618 proj of the Jun 17 - 28 - Jul 14 price swing.
  • Further out, would open to 4272.35 1.764 proj of the Jun 17 - 28 - Jul 14 price swing.
  • Emini trades at highest level since the 5th May, a continuation following the US inflation miss (cheaper money for longer).
  • Estoxx (VGU2) still eye 3779.00 next, highest print since the 8th June.
  • A clear break above the latter, opens to 3811.00 High Jun 8.
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