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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI Gilt Week Ahead
(H18) Downside Challenging......>
US 5YR FUTURE TECHS: (H18) Downside Challenging Base Of 5 Year Bear Channel
*RES 4: 116-117 Dec 18 high
*RES 3: 116-065/067 Dec 29 high, Dec 18 low
*RES 2: 116-032 Dec 13 low, now resistance
*RES 1: 115-240/270 Jan 4, Dec 26 lows, now resistance
*PRICE: 115-197 @1111GMT
*SUP 1: 115-155 Jan 10 low
*SUP 2: 115-050 8 week bear channel base projection
*SUP 3: 114-300 3 month bear channel base projection
*SUP 4: 114-252 61.8% Fibo of 108-152/124-320
*COMMENTARY* The downside found fresh impetus on Wednesday, moving below the 5
year bear channel base projection at 115-192 in the process. A low of 115-155 so
far, before once again encountering some near term oversold conditions. In this
respect look to 115-240/115-270 for immediate resistance. Back above the latter
would ease immediate pressure but the higher 116-032/116-067 area still provides
a tougher ask. Below 115-155 and two bear channel projections next.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.