EQUITY TECHS: E-MINI S&P: (Z5) Fresh Cycle High
Oct-10 13:30
- RES 4: 6850.87 1.618 proj of the Aug 1 - 15 - 20 price swing
- RES 3: 6831.38 2.500 proj of the Aug 20 - 28 - Sep 2 price swing
- RES 2: 6819.25 1.500 proj of the Aug 1 - 15 - 20 price swing
- RES 1: 6812.29 2.382 proj of the Aug 20 - 28 - Sep 2 price swing
- PRICE: 6785.00 @ 14:19 BST Oct 10
- SUP 1: 6716.75 20-day EMA
- SUP 2: 6680.00 Low Oct 1
- SUP 3: 6624.25 Low Sep 25
- SUP 4: 6598.72 50-day EMA
The trend condition in S&P E-Minis is unchanged and the direction remains up. Fresh cycle highs this week confirm a continuation of the uptrend and maintain the positive price sequence of higher highs and higher lows. The contract is holding on to its latest gains and sights are on 6812.29 and 6819.25, Fibonacci projection points. Initial support to watch is at the 20-day EMA, at 6716.75. A clear break of it would signal scope for a pullback.
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EQUITIES: NASDAQ E-Mini Leads Way Higher Following Oracle Guidance
Sep-10 13:28
E-mini futures point to positive opens on Wall Street despite edging away from best levels. Oracle indicated ~35% higher pre-market after a guidance upgrade linked to the company’s cloud business outlook.
- S&P 500 e-minis: +0.52%
- NASDAQ 100 e-minis: +0.57%
- DJIA e-minis: unch
FED FUNDS FUTURES: BLOCK: Nov'25 FF Buy
Sep-10 13:25
- +12,000 FFX5 from 96.14 to -.145 at 0916:10ET
- The Nov'25 contract trades 96.145 last (+0.015)
PIPELINE: Corporate Bond Update: $3B IDA 7Y SOFR Launched
Sep-10 13:24
- Date $MM Issuer (Priced *, Launch #)
- 09/09 $3B #IDA (International Development Assn) 7Y SOFR+55
- 09/10 $3B #KFW 3Y SOFR+30
- 09/10 $1B Federal Home Loan 2Y +4
- 09/10 $900M K Hovnian Ent 5.5NC2.5, 8NC3
- 09/09 $Benchmark Komatsu Finance AM 5Y +95a
- 09/09 $Benchmark Saudi Aramco 5Y Sukuk +105a, 10Y +115a (books over $16.5B)
