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Net Sales On US Cash Open, But Leaves Little Ripple in Headline Index

EQUITIES
  • Modestly lower open on the Wall Street opening bell, with circa 730 names sold on net, but leaves little impact on the headline e-mini S&P. The index recovered from yesterday's low, reinforcing over-arching bullish conditions.
  • The recent breach of resistance resulted in a print above the 4100.00 handle and an extension higher would open 4180.00, the Dec 13 high and a bull trigger. Initial firm and key support has been defined at 3963.07, the 50-day EMA.

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