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US Emini extends early gains

EQUITIES
  • While Estoxx Futures (VGU4) hasn't quite managed to break Friday's high of 4724.00, the US Emini (ESU4) has edged to its best level since NFP, although the biggest mover for that week, was the ISM manufacturing and especially the big miss in the Employment component.
  • Next resistance will be seen at 5453.59 50-day EMA, but the Emini was trading as high as 5592.50 pre US ISM on the 1st August.

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