In intraday futures charts, "Derby futures" show consistent higher lows, a classic bullish setup. Short interest ratios have fallen from 6.2 to 5.5, indicating less downside betting. Analysts forecast near-term price targets around $45.30 if current momentum and support levels sustain through the next trading sessions. Manning could certainly do with a result. Daniel Farke was in a similar position going into the Portman Road derby in 2018. American Promise, who closed at odds of 103-1 in Pool 3 Derby Futures in January, gained the respect of oddsmakers after his win in the Risen Star, resulting in his odds being reduced to +2900. His solid 7-furlong morning work at 1:25.20 at Oaklawn on April 18 suggests he should be fresh and ready to roll on the first Saturday of May. Analytics firm data suggests "Derby futures" trading margins have tightened due to consistent demand and lower volatility. This favors risk-managed positions for hedge funds seeking smoother equity curve performance. Traders are eyeing breakout triggers above the $44.00 pivot for initiating higher leverage plays.
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