EQUITIES: EU Cash opening calls

Feb-14 07:59

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EU Cash opening calls, Luxury goods will likely be watched. Calls: Estox 50: -0.16%, Dax: -0.32%, C...

Historical bullets

GILTS: Opening calls

Jan-15 07:57

Gilt calls, these DO NOT take into account the UK CPI, and given that Sonia is up 11.5 ticks in the red, Desks will look for further upside risks.

  • Range would have been 89.30/89.47.

SILVER TECHS: Support Remains Exposed

Jan-15 07:56
  • RES 4: $34.903 - High Oct 23 and the bull trigger  
  • RES 3: $33.125 - High Nov 1 
  • RES 2: $32.338 - High Dec 12 and a key resistance  
  • RES 1: $30.661 - High Jan 10                             
  • PRICE: $29.992 @ 07:56 GMT Jan 15  
  • SUP 1: $28.748 - Low Dec 19        
  • SUP 2: $28.446 - 76.4% retracement of the Aug 8 - Oct 23 bull cycle 
  • SUP 3: $27.686 - Low Sep 6 
  • SUP 4: $26.451 - Low Aug 8  

A bear cycle in Silver that started Oct 23 remains in play - for now - and recent gains appear corrective. The metal has recently breached support at $29.642, the Nov 28 low. The break lower opens $28.446, a Fibonacci retracement. Note that moving average studies are in a bear-mode position highlighting a dominant downtrend. Key resistance has been defined at $32.338, the Dec 12 high. A break of this level would signal a reversal.

EQUITIES: EU Cash opening calls

Jan-15 07:55

Estox 50: +0.36%, Dax: +0.29%, CAC: +0.33%, FTSE +0.52%, SMI +0.29%.