Another dreadful day for markets today as support levels continue to be tested. The SX5E breaking 3054 (June lows) earlier and the psychological support of 3000 also gone so we are now looking at the levels from mid-May (2700, 2963 last). France not reacting well to the news that they might enter into a strict 1-month lockdown. The CAC slipped below its major support of 4666 – next level to watch at 4200. VIX another worrying one to watch as it keeps going up – up +14% today, next resistance at 40 (37.9 last). The DAX (up until a second ago) and the IBEX behaving better than its peers, both holding 11600 and 6421 respectively (DAX just broke it though, 11588 last!!).
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