FED: Logan (’26 Voter) Repeats Difficulty In Supporting Dec Cut After NFPs

Nov-21 14:12

Dallas Fed's Logan ('26 voter, hawk) has echoed her prior views. This from last week: "I think it wo...

Historical bullets

SONIA OPTIONS: More upside structures for Today's session

Oct-22 13:56

SFIZ5 96.25/96.40/96.50 broken c fly, bought for 4 in 9k.

EQUITY TECHS: E-MINI S&P: (Z5) Trading Above Support 

Oct-22 13:53
  • 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: 6812.25 High Sep 9 and the bull trigger 
  • PRICE: 6772.50 @ 14:43 BST Oct 22
  • SUP 1: 6621.99 50-day EMA
  • SUP 2: 6540.25 Low Oct 10 and a key short-term support 
  • SUP 3: 6506.50 Low Sep 5 
  • SUP 4: 6427.00 Low Sep 2 

The trend condition in S&P E-Minis remains bullish and the contract is trading above support at the 50-day EMA. The average, currently at 6627.92, has been pierced but remains intact - for now. Note that the Oct 10 low of 6540.25 marks the key short-term support. Clearance of this level would undermine a bull theme. Moving average studies remain in a bull-mode position, highlighting a dominant uptrend. The bull trigger is 6812.25, the Oct 9 high.

SOFR OPTIONS: BLOCKs/Screen: Mar'26 Put Trees, Spreads

Oct-22 13:36
  • 8,880 SFRH6 96.31/96.37/96.50 put trees, 2.25 net
  • Over 65,000 SFRH6 96.31/96.37 put spds, 1.5 total between pit/screen & Block