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Glapinski Wins Second 6Y Term

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Euro gas steady after yesterday's surge

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Following traditional risk-on patterns

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June Sonia Call Spread Buyer

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10Y Yield Testing 5% Resistance

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OIL TECHS
OIL TECHS: ICE GASOIL (M20): Bullish Theme Intact
*RES 4: $293.75 - High Apr 20
*RES 3: $282.50 - High Apr 21
*RES 2: $280.00 - Low Apr 1 and former breakout level
*RES 1: $276.50 - High May 6
*PRICE: $270.75 @ 07:07 BST May 15
*SUP 1: $237.50 - Low May 13
*SUP 2: $230.75 - Low May 4 and key near-term support
*SUP 3: $216.00 - Low Apr 29
*SUP 4: $206.50 - Low Apr 28 and primary support
Gasoil maintains a near-term bullish theme. The recovery off $206.50, Apr 28 low
resulted in a break of resistance at $257.75, Apr 23 high. Furthermore, futures
have also probed the 20-day EMA further reinforcing a positive outlook.
Attention is on $282.50, Apr 21 high and potentially $297.25, Apr 17 high
further out. Firm support is at $230.75, May 4 low. A break would be bearish.

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