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Paring overnight losses

EQUITIES
  • Equities are paring some of their overnight losses since the EU cash open, after seeing some downside opening gap overnight.
  • Futures and Cash are still in the red, but VGZ2 is slowly moving back towards flat in early trade.
  • The opening gap is from 3963.2 down to 3946.00, although not the best technical study to use for this contract.
  • Nonetheless, further upside continuation opens to that area, followed by last week's high at 3977.00.

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