OUTLOOK: Price Signal Summary - EUROSTOXX50 Bull Cycle Remains Intact
Dec-17 10:45
- In the equity space, a bull cycle in S&P E-Minis remains intact and the latest pullback - for now - is considered corrective. Initial support to watch is 6831.93, the 50-day EMA. It has been pierced, a clear break of this average would signal scope for a deeper retracement and open 6785.50, the 50.0% retracement of the Nov 21 - Dec 11 rally. For bulls, a resumption of gains would refocus attention on the key resistance and bull trigger at 7014.00, the Oct 30 high.
- A bull cycle in EUROSTOXX 50 futures remains intact. Price is trading above the 20- and 50-day EMAs, and has recently cleared 5742.40, 76.4% of the Nov 13 - 21 bear leg. The breach of this latter price point paves the way for an extension towards 5825.00, the Nov 13 high and the bull trigger. First key support to watch lies at 5649.07, the 50-day EMA.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
DUTCH T-BILL AUCTION RESULTS: DTC Results
Nov-17 10:42
| Type | 2.5-month DTC | 5.5-month DTC |
| Maturity | Jan 29, 2026 | Apr 29, 2026 |
| Amount | E1.98bln | E1.12bln |
| Target | E1.0-2.0bln | E1.0-2.0bln |
| Previous | E2bln | E1.13bln |
| Avg yield | 1.96% | 1.97% |
| Previous | 1.93% | 1.970% |
| Bid-to-cover | 1.88x | 1.87x |
| Previous | 2.14x | 1.96x |
| Previous date | Oct 20, 2025 | Sep 15, 2025 |
EQUITY OPTIONS: BNP Put seller
Nov-17 10:32
BNP (18/12/26) 68p, sold at 8.4 in 2k.
GERMAN T-BILL AUCTION RESULTS: 12-Month Bubill
Nov-17 10:31
| Type | 12-month Bubill |
| Maturity | Nov 18, 2026 |
| Allotted | E1.852bln |
| Previous | E2.552bln |
| Total sold | E3bln |
| Target | E3bln |
| Avg yield | 1.937% |
| Previous | 1.870% |
| Bid-to-cover | 1.69x |
| Previous | 2.93x |
| Bid-to-offer | 1.04x |
| Previous | 2.49x |
| Previous date | Oct 13, 2025 |
