EGBS: OAT Outperformance Extends On French FinMin Comments, X-Asset Also Noted

Nov-12 14:24

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An extension lower in crude oil markets, a move away from highs in European equity index benchmarks ...

Historical bullets

OPTIONS: Expiries for Oct14 NY cut 1000ET (Source DTCC)

Oct-13 14:19
  • EUR/USD: $1.1450(E537mln), $1.1500(E848mln), $1.1600(E663mln), $1.1650(E636mln)
  • USD/JPY: Y151.50($691mln), Y152.00($751mln)
  • AUD/USD: $0.6500(A$1.0bln), $0.6580-00(A$1.2bln)
  • USD/CAD: C$1.4000-10($598mln)

SONIA OPTIONS: Call Spread vs Call

Oct-13 14:07

SFIG6 96.35/96.55cs vs SFIZ5 96.20c, bought the cs for 1 in 5k.

EQUITY TECHS: E-MINI S&P: (Z5) Corrective Pullback

Oct-13 14:05
  • 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: 6705.18/6812.25 20-day EMA / High Sep 9 
  • PRICE: 6683.75 @ 14:54 BST Oct 13
  • SUP 1: 6598.55 50-day EMA
  • SUP 2: 6540.25 Low Sep 10 and a key short-term support 
  • SUP 3: 6506.50 Low Sep 5 
  • SUP 4: 6427.00 Low Sep 2 

A sharp sell-off in S&P E-Minis on Friday is - for now - considered corrective. The contract has found support below the 50-day EMA, currently at 6598.55. Friday’s low of 6940.25 has been defined as a key short-term support. Note that moving average studies remain in a bull-mode position, highlighting a dominant uptrend. The bull trigger is 6812.25, the Sep 9 high. A breach of this hurdle would confirm a resumption of the uptrend.