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TECHS: S&P 500 Fut. Still Vulnerable

EQUITIES

E-Minis (Z0) near-term outlook remains bearish.

  • Key support levels to watch:
    • SUP1: 3356.00 Oct 26 low and the intraday bear trigger
    • SUP2: 3329.03 61.8% retracement of the Sep 24 - Oct 12 rally
    • SUP3: 3300.25 Low Oct 2
  • On the upside, resistance is located at 3462.50, Oct 23 high. A break of this level is required to undermine the current bearish theme.

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