US TSYS: Post-UofM Sentiment/Inflation React

Jun-27 14:07

You are missing out on very valuable content.

* Treasuries pare losses after slightly higher UofM sentiment and current conditions figures, whil...

Historical bullets

SOFR OPTIONS: Put Fly Strip

May-28 14:01

0QN5/2QN5 96.50/96.31/96.12p fly strip, bought for 6.75 in 4k.

BTP: Block trade

May-28 13:53

BTP Block trade, suggested seller:

  • IKM5 1.37k at 120.90.

EQUITY TECHS: E-MINI S&P: (M5) Bulls Remain In The Driver’s Seat

May-28 13:45
  • RES 4: 6080.75 High Feb 26    
  • RES 3: 6057.00 High Mar 3  
  • RES 2: 6000.00 Round number resistance
  • RES 1: 5993.50 High May 20 and the bull trigger
  • PRICE: 5943.00 @ 14:34 BST May 29 
  • SUP 1: 5756.50/5728.00 Low May 23 / 50-day EMA and key support
  • SUP 2: 5596.00 Low May 7  
  • SUP 3: 5455.50 Low Apr 30
  • SUP 4: 5355.25 Low Apr 24 

A bullish trend condition in S&P E-Minis remains intact and the latest pullback appears to have been a correction. Last Friday’s sell-off resulted in a print below the 20-day EMA, at 5794.26. A key support lies at 5728.00, the 50-day EMA. A clear break of this average is required to highlight a stronger reversal and signal scope for a deeper retracement. Sights are on the bull trigger at 5993.50, the May 20 high.