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MARKET INSIGHT

Price Signal Summary - Evening Star Reversal In Gilts?

EGB OPTIONS

Bund put spread buyer

EURIBOR OPTIONS

Put spread bought again

FOREX

GBP Edges Off Early Gains

OIL TECHS
OIL TECHS: ICE GASOIL: (V18) Struggling To Break $700
*RES 4: $800.00 - Resistance 
*RES 3: $785.00 - High November 24 2014 
*RES 2: $750.00 - Measured move from the bull flag breakout 
*RES 1: $710.75 - High Sep 4 
*PRICE: $687.25 @ 05:01 GMT 
*SUP 1: $668.25 - High Aug 14, now support 
*SUP 2: $636.25 - Low Aug 15 
*SUP 3: $627.00 - Low July 18 
*SUP 4: $613.75 - Low Apr 17 
Oct-18 gasoil futures failed yet again to overcome the $700 level which gives
bears some hope of a bearish reversal. That said, a break below the Aug 14 high
would be needed to shift the short-term outlook negative. The bigger picture
bullish trend remains intact a break above $710.75 would open up the $750 area
which marks the measured move from the bull flag breakout.