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TECHS: Indices have lacked a clear.........>

EQUITIES
EQUITIES: TECHS: Indices have lacked a clear direction since mid-Jun. Despite
closing the quarter on a strong note, price action since June 15 does reflect a
degree of market indecision at current levels. Key levels to watch are:
S&P fut. (ESU0):
- RES 1: 3177.75 - High Jun 11 and the top of a key bearish candle pattern.
- SUP 1: 2983.50 - Low Jun 29.
- SUP 2: 2923.75 - Low Jun 15 and the key bear trigger. A break would highlight
a reversal.
EUROSTOXX50 fut. (VGU0):
- RES 1: 3297.00 - High Jun 23.
- SUP 1: 3125.00 - Low Jun 25.
- SUP 2: 3019.00 - Low Jun 15 and the key bear trigger. Note there is a key
trendline support today at 3072.63, drawn off the Mar 18 low.
FTSE 100 fut. (Z U0):
- RES 1: 6302.5 - High Jun 23.
- SUP 1: 5894.0 - Low Jun 15 and the key bear trigger.

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