Two Fifteen

Two Fifteen – 6 May 2020

EU equities have been trading quite mixed since the open as we are seeing half of the sectors and nearly all indices trading in the red. Volumes remain low and as our charts team highlighted this morning, it is quite disappointing seeing some indices stalled at their 2018 lows of their respective resistance levels. In the US, the Nasdaq 100 is testing the 9000 resistance once again and here in Europe, the FTSEMIB is stuck at the 2018 low of 17914.

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