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CROSS ASSET

Equities Extend Recovery, Nears Friday High

COLOMBIA

April Trade Deficit Widens

OIL TECHS
OIL TECHS: NYMEX HO (H19) Looking For Direction 
*RES 4: $2.1008 - 200-dma (continuation chart) 
*RES 3: $2.0430 - Prior range lows, now resistance (continuation chart) 
*RES 2: $1.9534 - High Dec 7 (continuation chart) 
*RES 1: $1.9386 - High Feb 4 
*PRICE: $1.9011 @ 05:50 GMT Feb 11 
*SUP 1: $1.8409 - 50-dma (continuation chart) 
*SUP 2: $1.7900 - Low Nov 30 (continuation chart) 
*SUP 3: $1.6424 - Low Jan 02 
*SUP 4: $1.5488 - Low Aug 17, 2017 (continuation chart) 
Heating oil futures remain locked in their sideways trading range with the Feb 4
high at $1.9386 capping topside gains and the 50-dma acting as support at
$1.8409. Above $1.9386 would extend the recovery and trigger an inverse head and
shoulders pattern, targeting the 200-dma. Below the 50-dma would brings the Nov
30 low at $1.7900 into focus.