SECURITY: Lithuania Def Min-In Talks w/US To Host Nuclear Weapons/Capable Planes
Jun-03 14:06
Speaking to reporters, Lithuanian Minister of National Defence Roberas Kaunas has said that "Discuss...
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MNI: US MAR FACTORY ORDERS +1.5%; EX-TRANSPORT NEW ORDERS +1.6%
May-04 14:00
- MNI: US MAR FACTORY ORDERS +1.5%; EX-TRANSPORT NEW ORDERS +1.6%
- US MAR DURABLE ORDERS +0.8%
- US MAR NONDEFENSE CAP GOODS ORDERS EX AIRCRAFT +3.4%
MNI: US MAR FACTORY ORDERS +1.5%
May-04 14:00
- MNI: US MAR FACTORY ORDERS +1.5%
EQUITY TECHS: (M6) Northbound
May-04 13:35
- RES 4: 7347.25 1.500 proj of the Apr 123 - 28 - 29 price swing
- RES 3: 7330.26 1.382 proj of the Apr 123 - 28 - 29 price swing
- RES 2: 7309.23 1.236 proj of the Apr 123 - 28 - 29 price swing
- RES 1: 7300.75 High May1
- PRICE: 7249.50 @ 14:24 BST May 4
- SUP 1: 7131.25 Low Apr 29
- SUP 2: 7062.44 20-day EMA
- SUP 3: 6943.08 50-day EMA
- SUP 4: 6767.00 Low Apr 13
The primary long-term uptrend in S&P E-Minis remains intact and last week’s fresh cycle highs reinforce current conditions. The move higher confirms a resumption of the primary uptrend. Sights are on 7309.23, a Fibonacci projection. Note that moving average studies are in a bull-mode position, a strong bullish signal that highlights a dominant uptrend. Initial support lies at 7062.44, the 20-day EMA.
