Magnelibra Trading & Research

Magnelibra Trading & Research

Subscriber Update Oct17 2025

Technical charts and more

Mike Agne's avatar
Mike Agne
Oct 20, 2025
∙ Paid

Magnelibra subscribers, feel free to read the “Basis Trade” post we put out earlier. We feel that the bond market volatility will start to pick up here as we enter the last 2 months of the year. We are already witnessing some signs of stress in the SOFR and Repo markets data and it shouldn’t be a surprise given what we know of the underlying fundamentals flowing thru the economy! Anyway we have written over 1500 posts so we have probably covered many scenarios but considering the bond markets boring status lately, we suspect things will start to accelerate into year end.

Its been a long week and weekend but we felt we needed to get this all out so you guys can prepare for this weeks moves. Lets start with a couple technical charts here and as usual we will start with the QQQ ETF where the bulls need to maintain above 588 to keep everything on the up and up:

The Nasdaq futures with a similar set up obviously as 24250 support this week should be our initial level to watch on the downside, with 25400 as our initial resistance:

When we look at the SP500 futures we have 6795 as resistance with 6490 the key on the downside support wise:

Moving over to the metals with Gold and Silver, which saw some heavy profit taking late in the day on Friday. We would suspect an ongoing battle up here with the forced buyers vs new levered sellers taking a shot at picking some tops and fast money sellers looking to catch a reversion:

Another futures chart of interest is Crude Oil:

Alright that is it for the free view access, please think about supporting our efforts here. Our goal is simple, to make you the most informed trader, investor, person so that you too can become a single reliable source that others can come to. We force you to rethink your mindset, to go way outside the box and remove inherent bias to become a more non linear type of thinker. In the subscriber only section we dive deep into the global macro look via our settlement sheets, our data trackers and our hedged equity book data and our Markets Sentiment Indicators. We believe we offer subscribers a solid view point quantitatively and effectively to improve their investing and trading acumen. So sign up, its well worth it and at the least, share our work!

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