- Estoxx futures and Cash Indices trades on the back foot today, a continuation since the Cash open.
- While some investors might be looking 4796.00 for a short base in VGZ4, better support would be seen at 4757.00, the September low, and lowest print since mid August.
- Bank stock (SX7E) sees next support at 141.91, while the price action in Europe is starting to weigh on the US Emini, as it fades off its overbought level.
EQUITIES: European Equities are extending losses
Last updated at:Nov-08 10:09By: Fabrice Ben Hassine
Stocks
- Estoxx futures and Cash Indices trades on the back foot today, a continuation since the Cash open.
- While some investors might be looking 4796.00 for a short base in VGZ4, better support would be seen at 4757.00, the September low, and lowest print since mid August.
- Bank stock (SX7E) sees next support at 141.91, while the price action in Europe is starting to weigh on the US Emini, as it fades off its overbought level.
