Free Trial

SPX Eminis Through Two Resistance Levels

US STOCKS
Stocks continue to extend session highs, SPX eminis at 4036.00 (+51.25) is through two resistance levels in late trade:
    • RES 2: 4033.48 20-day EMA
    • RES 1: 4018.89 50-day EMA
  • A clear break of both these EMAs would signal a possible reversal with site on 4096.00 Feb 17 high as next level of resistance.

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.