Trial now
AUD

Extending small gains

US TSY OPTIONS

Put spread trades again

OIL TECHS
OIL TECHS: NYMEX HO: (Z17) $1.8255-1.8525 Support Now Key
*RES 4: $1.9549 - Daily Bull channel top
*RES 3: $1.9328 - 200-WMA
*RES 2: $1.9033 - High June 30 2015 (cont)
*RES 1: $1.8790 - 2017 High Oct 30, Hourly resistance Oct 30
*PRICE: $1.8689 @ 0330GMT
*SUP 1: $1.8525 - High Sept 26 (Z17) now support
*SUP 2: $1.8255 - Hourly resistance Oct 25 now support
*SUP 3: $1.8079 - Low Oct 26
*SUP 4: $1.7984 - Hourly support Oct 24
*COMMENTARY: Gains continue to start the new week with fresh 2017 and 2+ year
highs that see bulls focused on the 200-WMA and then the daily bull channel top
above. The Bollinger top ($1.8655) and O/B studies are less than ideal for
bulls. In saying that, bears now need a close below $1.8525 to ease bullish
pressure and below $1.8255 to return focus to $1.7711-1.7984 where the 21-DMA
($1.7938) and bull channel base ($1.7820) are situated.