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Sold on the cash open

EQUITIES
Not seen a clear catalyst, but Estoxx (VGZ0) hit in 5k and Dax in over 1k.
  • We saw similar price action yesterday on the Equity cash open.
  • This could be related to a open market order, given the lack of reaction across assets, and the move concentrated on these two contract.
  • Estoxx is seeing further downside, which now looks technical, following the break of MNI tech 3147.28 Low Oct 2 and key support.
  • Further downside traction. opens to 3097.67 Low Sep 25 and the bear trigger

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