Trial now
SHORT-STERLING OPTIONS

Broken put fly

EQUITIES

Deeper in the red going into the EU cash open

GILTS

Gilts opening calls

WTI TECHS
WTI TECHS: (N20) Bullish Cycle Holds Despite Pullback
*RES 4: $30.62 - 50-day EMA
*RES 3: $30.00 - Round number resistance
*RES 2: $28.34 - 61.8% retracement of the Apr 9 - 28 decline
*RES 1: $27.98 - High May 6
*PRICE: $25.66 @ 06:54 BST May 11
*SUP 1: $24.38 - Low May 7
*SUP 2: $23.38 - Low May 5 and key intraday support
*SUP 3: $20.84 - Low May 4
*SUP 4: $19.15 - Low Apr 30
WTI maintains a bullish tone despite stalling at $27.98 Wednesday. Last week
futures cleared the 20-day EMA reinforcing the current bullish theme that
follows the recovery off $17.27, Apr 28 low. A number of resistance levels have
also been cleared and attention turns to $28.34 next, a Fibonacci retracement
ahead of the 50-day EMA at $30.44. The average is seen as a key resistance area.
Initial firm support lies at $23.38, May 5 low.