Eurostoxx futures +0.5% in early European trading

  • Risk looks to bounce to start the new week
  • German DAX futures +0.5%
  • UK FTSE futures +0.5%

This fits with the more positive mood with US futures as well, with S&P 500 futures seen up 0.8% currently. Tech shares are leading the rebound and it looks like dip buyers may be in the mood to seize back some near-term control. The 100-hour moving average is up for grabs later at the open today:

SPX
S&P 500 index hourly chart

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