Gilt Block trades, suggest sellers:
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Soybean futures remain in a downtrend and the sell-off last week confirmed a resumption of the medium-term downtrend. Price is again trading lower this week. Note that moving average studies are in a bear-mode set-up too and this continues to highlight a clear bearish cycle. Sights are on $1036.25, a Fibonacci projection. Initial firm resistance is at $1136.69, the 50-day EMA. Short-term gains would be considered corrective.
RXU4 133.00/134.00/135.50/139.50 call condor vs. 129.50/127.50 put spread, paper buys the call condor for 4.0 & 4.5 on 6.5K.