EMISSIONS: Weekly News Highlights MNI Power Service Part 2/2 Week 48
Nov-28 14:35
See below the weekly news highlights of the MNI Power Service for the week 24 - 28 November. EMISSI...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
EQUITY TECHS: E-MINI S&P: (Z5) Bull Cycle Extends
Oct-29 14:32
- RES 4: 7000.00 Psychological round number
- RES 3: 6993.12 3.500 proj of the Aug 20 - 28 - Sep 2 price swing
- RES 2: 6974.04 3.382 proj of the Aug 20 - 28 - Sep 2 price swing
- RES 1: 6953.25 2.000 proj of the Aug 1 - 15 - 20 price swing
- PRICE: 6944.00 @ 14:21 GMT Oct 29
- SUP 1: 6812.25/6765.36 High Oct 9 / 20-day EMA
- SUP 2: 6666.16 50-day EMA
- SUP 3: 6540.25 Low Oct 10 and a key short-term support
- SUP 4: 6506.50 Low Sep 5
The trend condition in S&P E-Minis remains bullish and price has traded higher this week. The fresh cycle high confirms a resumption of the primary uptrend and maintains the bullish price sequence of higher highs and higher lows. The 6900.00 handle has been cleared, opening 6953.25 next, a Fibonacci projection. Initial firm support to watch lies at 6748.48, the 20-day EMA.
MNI: US EIA: CRUDE OIL STOCKS EX SPR -6.86M TO 416.0M OCT 24 WK
Oct-29 14:30
- US EIA: CRUDE OIL STOCKS EX SPR -6.86M TO 416.0M OCT 24 WK
- US EIA: DISTILLATE STOCKS -3.36M TO 112.2M IN OCT 24 WK
- US EIA: GASOLINE STOCKS -5.94M TO 210.7M IN OCT 24 WK
- US EIA: CUSHING STOCKS +1.33M TO 22.6M BARRELS IN OCT 24 WK
- US EIA: SPR +0.53M TO 409.1M BARRELS IN OCT 24 WK
- US EIA: REFINERY UTILIZATION WEEK CHANGE -2% TO 86.6% IN OCT 24 WK
MNI EXCLUSIVE: Michael Saunders speaks about MonPol Implications of Budget
Oct-29 14:27
Ex-Bank of England MPC Member Michael Saunders speaks about the monetary policy implications of the Nov 26 budget.-- On MNI Policy MainWire now, for more details please contact sales@marketnews.com
