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US Emini tests session high

EQUITIES
  • Although still in a very tight ~9 points range, the Emini (ESM4) is gaining further ground, now close to 100 points post US NFP.
  • Looking at technical, next resistance is at 5246.18 76.4% retracement of the Apr 1 - 19 bear leg, and extensions to 5267.75 would represent a consolidation to pre US CPI level on the 10th April.
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  • Although still in a very tight ~9 points range, the Emini (ESM4) is gaining further ground, now close to 100 points post US NFP.
  • Looking at technical, next resistance is at 5246.18 76.4% retracement of the Apr 1 - 19 bear leg, and extensions to 5267.75 would represent a consolidation to pre US CPI level on the 10th April.