Two Fifteen

Two Fifteen – 10 December 2020

Here we go again…Looks like the scallops and the chocolate waffle dessert wasn’t enough last night as Brexit talks carry on until Sunday! European indices were all trading pretty steady all morning up until the ECB announcement. They ticked lower since then and slipped further as the press conference started. Key levels our charts team are watching remain 13460 resistance on the DAX (13238 last) and 20 on VIX (that's its support but resistance for "sentiment"). Volumes all mixed but overall 17% lower vs the last 30 days.

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