EQUITY TECHS: E-MINI S&P: (U5) Bulls Remain In The Driver’s Seat
Jul-30 13:30
- RES 4: 6523.63 1.764 proj of the May 23 - Jun 11 - 23 price swing
- RES 3: 6500.00 Round number resistance
- RES 2: 6477.31 1.618 proj of the May 23 - Jun 11 - 23 price swing
- RES 1: 6457.75 High Jul 28
- PRICE: 6411.50 @ 14:18 BST Jul 30
- SUP 1: 6391.50/6322.32 Low Jul 24 / 20-day EMA
- SUP 2: 6241.00 Low Jul 16
- SUP 3: 6173.21 50-day EMA
- SUP 4: 6130.75 Low Jun 25
The trend set-up in S&P E-Minis remains bullish. Recent cycle highs once again confirm a resumption of the uptrend and maintain the price sequence of higher highs and higher lows. Note that moving average studies are in a bull-mode position highlighting a clear dominant uptrend. Sights are on 6477.31, a Fibonacci projection. Key support is at the 50-day EMA, at 6173.21. Support at the 20-day EMA is at 6322.32.
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EQUITIES: US Cash Opening calls - Set for new record highs
Jun-30 13:28
US Cash Opening calls, set for new record highs.
SPX high on Friday was at 6187.68, NDX 22,603.22
- Calls: SPX: 6,207.5 (+0.6%); DJIA: 44,124 (+0.7%/+305pts); NDX: 22,700.8 (+0.7%)
STIR: Effective Fed Funds Rate
Jun-30 13:11
- FRBNY EFFR for prior session:
- Daily Effective Fed Funds Rate: 4.33% (+0.00), volume: $122B
- Daily Overnight Bank Funding Rate: 4.33% (+0.00), volume: $262B
- Repo Reference Rates released earlier
- Secured Overnight Financing Rate (SOFR): 4.39% (-0.01), volume: $2.775T
- Broad General Collateral Rate (BGCR): 4.37% (-0.01), volume: $1.083T
- Tri-Party General Collateral Rate (TCR): 4.37% (-0.01), volume: $1.058T
- (rate, volume levels reflect prior session)
MNI: HAPPENING TODAY: Livestream MNI Connect with Atlanta Fed Bostic At 1000ET
Jun-30 13:00
You are invited to listen to a Livestreamed MNI Connect Video Conference with Federal Reserve Bank of Atlanta Raphael Bostic.
Details below:
- Speaker: Raphael Bostic, Federal Reserve Bank of Atlanta President
- Topic of discussion: 'The US Economic Outlook'
- DATE: Mon, 30 Jun 2025
- TIME: 15:00 - 16:00 BST
- This event is on the record and will run as a Zoom Webinar
To register please go to: MNI Webcast Registration
