BRAZIL: President Lula Expected to Stand Ground in Face of Trump Tariffs

Aug-06 10:39

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Historical bullets

EURIBOR OPTIONS: Ratio Put Spread

Jul-07 10:38

2RH6 97.75/97.25ps 1x4, bought the 4 for 4.5 in 2.25k (sold the 1).

US 10YR FUTURE TECHS: (U5) Monitoring Support At The 50-Day EMA

Jul-07 10:23
  • RES 4: 113-07   76.4% retracement of the Apr 7 - 11 bear leg 
  • RES 3: 112-23   High May 1 and key resistance
  • RES 2: 112-12+/15 High Jul 1 / 61.8% of the Apr 7 - 11 sell-off
  • RES 1: 111-28   High Jul 3  
  • PRICE:‌‌ 111-06+ @ 11:12 BST Jul 07
  • SUP 1: 110-31   50-day EMA        
  • SUP 2: 110-16   Low Jun 20
  • SUP 3: 110-10+ Low Jun 16 
  • SUP 4: 110-03 76.4% of the May 22 - Jul 1 bull leg 

A bull cycle in Treasury futures is intact and - for now - the latest pullback appears  corrective. The contract remains above a key support at 110-31, the 50-day EMA, and the Jul 3 low. A clear break of this average would signal scope for a deeper correction and highlight a possible reversal. For bulls, a resumption of gains would open 112-15, the 61.8% retracement of the Apr 7 - 11 steep sell-off. Initial resistance is at 111-28, the Jul 3 high.

EGB OPTIONS: Bund Put Spread seller

Jul-07 10:19

RXU5 127.5/125.5ps, sold at 15 in 1.5k.