Free Trial

(H18) Rally Fails To Extend *RES 4:......>

BOBL TECHS
BOBL TECHS: (H18) Rally Fails To Extend
*RES 4: 133.410 High May 29 (continuation chart) 
*RES 3: 133.000 Resistance (continuation chart) 
*RES 2: 132.610 High Aug 17 (continuation chart) 
*RES 1: 132.570 High Dec 6 
*PRICE: 132.450 @05:05GMT
*SUP 1: 132.010 Low Dec 3 
*SUP 2: 131.800 Low Nov 26 
*SUP 3: 131.378 55-dma 
*SUP 4: 131.200 Low Nov 11 
Bobl futures failed to take out the Dec 6 highs on Friday with 132.570 remaining
the target for the bulls. Above here would open the Aug 17 highs at 132.610 on
the continuation chart. While the broader uptrend dominates, bears look for a
break below the 132.010 Dec 3 low, below which opens the Nov 26 low at 131.800.

To read the full story

Close

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.