Technical Analysis: E-mini S&P
The S&P 500 index retraced all of the post-FOMC gains in yester-day’s session amidst a broad decline in US equities, driven by un-derperformance in the Nasdaq (the Nasdaq cash index finished yesterday’s session with a loss of 3%). The E-mini S&P broke be-low the key support at 1823.50 (March 16th low) following JPM Q1 earnings release. As we progress into the earnings season, earn-ings are going to begin playing a significant part in influencing intra-day volatility in US equity indexes , and are therefore a must to keep up to date with.
Technical Analysis: E-mini Nasdaq and E-mini DJIA
Technical Analysis: EUR/USD
The EUR/USD pushed higher in overnight trade and ascended to the 1.39 handle by the start of the European session. However, upside momentum seems to be waning at the highs, given the scale of the extension from the lows of the month and the lack of positive surprises in terms of news or data flow to sustain a further leg higher from current price levels.
Technical Analysis: WTI Crude Oil and Gold
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