S&P 500

Delayed USA - 04/18 10:50:18 pm

+0.3% in early trade

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10/27/2016 | 08:46 am
Opinion : Check out the trading range breakout 2132 / 2154 
After finishing slightly down by 0.17% at 2139 points yesterday, with oil and Apple, the S&P 500 is expected to open up 0.3%.

On the macroeconomic front, weekly unemployment claims came out at 258K (261K consensus) and core durable goods orders remains neutral at +0.2%. At 10AM, will be announced pending home sales, anticipated at +1.2%.

Technically, the S&P500 continues its horizontal consolidation with no real trend. We will continue to monitor the output of the 2132/2154 points for more visibility on the future trend.
Sébastien Gatel
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