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To resistance and beyond

CTA net long positioning in Brent futures has risen from -7.5k lots on 07 Aug to -1.7k lots on 11 Aug, with ample room on the buy-side....
Published: August 11, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
,
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
and
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
9 page report
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The M1 Brent futures saw better support w/w, rising to nearly $90/bbl at the time of writing. The $90/bbl handle will remain key resistance for us to monitor, psychologically and because it dovetails with the Ichimoku cloud's upper span. Longer-term resistance stands at $95/bbl, in line with where we see the upper Bollinger band.....

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Our reports are now part of The Officials, and available exclusively on the Flux platform. Existing customers can Login to Flux to access them, or you can visit The Officials to sign up for free trial access.

Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Donna Dong

Research Analyst, Flux
Donna Dong

Vincent Wu

Research Associate, Flux
Vincent Wu

About Technical Analysis Report

A weekly premium report comprising movements in price action across key swaps and futures contracts

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