MNI: US DEC FINAL MANUF PMI 49.4 (FLASH: 48.3); NOV: 49.7

US MBA: REFIS -36% SA; PURCH INDEX -13% SA IN 2-WKS THRU DEC 27

MNI China Daily Summary: Thursday, January 2

MNI China Press Digest Jan 2: Domestic Demand, Debt, Housing

CHINA DEC CAIXIN MANUFACTURING PMI 50.5 VS 51.5 IN NOV

MNI: PBOC Net Drains CNY273.8 Bln via OMO Thurs

US EIA: CRUDE OIL STOCKS EX SPR -1.18M TO 415.6M DEC 27 WK

MNI: US NOV CONSTRUCT SPENDING +0.0%

MNI: US JOBLESS CLAIMS -9K TO 211K IN DEC 28 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Price Signal Summary - S&P E-Minis Bear Threat Still Present

OUTLOOK
  • A bear cycle in the E-mini S&P contract remains in play. Key short-term support has been defined at 4483.25, the Sep 7 low. Clearance of this level would be a bearish development and open 4397.75, the Aug 18 low and a bear trigger. For bulls, a resumption of gains would instead open 4597.50, the Sep 1 high. Initial firm resistance is at 4566.00, the Sep 15 high.
  • A strong sell-off in EUROSTOXX 50 futures Monday highlights a bearish start to this week’s session. A continuation lower would threaten the recent short-term bullish theme and refocus attention on key near-term support at 4210.00, the Sep 8 low. Clearance of this level would confirm a resumption of the downtrend that started late July. Key short-term resistance has been defined at 4359.00, the Sep 15 high. A break would be bullish.
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
Foreign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.