EQUITIES: Estoxx End of the Month Option

Aug-16 13:20

SX5EM (30th Aug) 4000p sold at 0.70 and 0.80 in 10k.

Historical bullets

SOY TECHS: (X4) Bear Cycle Remains Intact

Jul-17 13:17
  • RES 4: $1230.50 - High May 7 and key resistance
  • RES 3: $1201.50 - High May 31
  • RES 2: $1133.06 - 50-day EMA
  • RES 1: $1133.75 - High Jul 5
  • PRICE: $1047.50 @ 13:44 BST Jul 17
  • SUP 1: $1037.25 - Low Jul 17
  • SUP 2: $1036.25 - 1.00 proj of Nov 21 ‘23 - Feb 26 - Jun 7 swing
  • SUP 3: $1000.00 - Psychological round number
  • SUP 4: $990.44 - 1.236 proj of Nov 21 ‘23 - Feb 26 - Jun 7 swing

Soybean futures remain in a downtrend and recent weakness confirmed a resumption of the medium-term downtrend. 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 $1133.06, the 50-day EMA. Short-term gains would be considered corrective.

MNI: US JUN INDUSTRIAL PROD +0.6%; CAP UTIL 78.8%

Jul-17 13:15



  • MNI: US JUN INDUSTRIAL PROD +0.6%; CAP UTIL 78.8%
  • US MAY IP REV TO +0.9%; CAP UTIL REV 78.3%
  • US JUN MFG OUTPUT +0.4%

US TSY OPTIONS: Sep'24 10Y Vol Seller

Jul-17 12:57
  • -6,000 TYU4 111.0/111.5 strangles, 126 (expire August 23)