Free Trial

S&P Eminis Revisiting Lows, Oversold? RSI < 23.0

US STOCKS
  • S&P emini futures looked poised to extend session low of 4271.25, 4280.0 last -110.0.
  • Relative strength index (RSI) of 22.82 -- Oversold, is lowest since March 2020
  • Technicals: well through first support/Oct 12 low of 4311.00, desks watching second support of 4252.75 Oct 1 low. Breach of second support brings up 4215.0 July 19, 2021 low.

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.