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SPX set for a record open?

EQUITIES
  • Worth keeping an eye on the Emini here (ESH4) slowly edging back towards its contract high printed on the 12th February at 5066.50, now at 5056.50.
  • As noted during the early European session and despites the rally in European Tech stocks, nearly testing a new 24yr high on the open, following the NVIDIA beat, Nasdaq futures (NQH4) remains short of its contract high of 18,121.50, printed a 17,897.25 high.
  • Nevertheless, at current levels (5058.25 in ESH4), when SPX opens in under three and a half hours, it will be set for a near new record high open, just 4 points short.

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