Following yesterday’s US holiday with no trading session, No.11 Oct’24 opened trading at 19.15, +16 points above the previous settlement, the move brought additional momentum that let market to trade at 19.30 near 10am. This level was maintained with sideways trading until America’s opening, when market saw a further uptick, reaching 19.52 at daily high. It was at that point when the profit taking started and bigger liquidations followed. By 3pm, market was still trading near 19.40s but at 4pm, aggressive liquidation erased the daily gains and led No.11 to the negative territory, trading below 19c. A recovery attempt followed with trades near 19.10 but was not sustained for long, and market closed trading at 19.03. Settlement price was 19.02, up 3 points from previous settlement. Volume traded was 84k lots and NV spread settled at -0.13, down 6 points.
Today No.5 Aug’24 opened at $553.8, up +$0.3 from previous settlement. Daily high was reached just after the opening near 9h30am, with market trading at $561.8. At 10am, market saw a small correction back to the $558.0 level, where it traded sideways until 12am. From that time until 2h30pm, market traded near the daily high, showing some resistance around those levels, leading to some liquidations near 3h30pm, that erased the daily gains by 4h30, trading near $552.0. Market closed at $553.0 and settlement price was $552.7, down $0.8 from yesterday’s settlement. Volume traded was 7.4k lots and QV spread closed at -$15.3.
