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TECHS: Equity markets maintain a bullish...>

EQUITIES
EQUITIES: TECHS: Equity markets maintain a bullish tone and appear set to extend
gains as a risk-on theme remains intact. S&P futures (EMS0) have traded through
3000.00, the next key resistance level to note is:
- 3108.95, 76.4% retracement of the Feb - Mar sharp sell-off.
- This level is important as a break would suggest a stronger likelihood futures
will extend the current rally towards 3200.00 and potentially also result in a
100% retracement of the Feb - Mar sell-off with a print of 3397.75, Feb 20 high.
- Shorter term MA studies appear constructive too with price trading above both
the 20- and 50-day EMAs.
- Initial firm support lies at 2903.75, Monday's low.
- See chart: https://emedia.marketnews.com/marketnewsintl/SP.png

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