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Free AccessMNI Gilt Week Ahead
(H19) Developing Bullish........>
US 5YR FUTURE TECHS: (H19) Developing Bullish Trend
*RES 4: 114-222 May 30 high
*RES 3: 114-19+ 38.2% 119-01+-111-277
*RES 2: 114-04+ May 31 high
*RES 1: 113-277 Aug 22 high
*PRICE: 113-217 @ 10:28 GMT, Dec 10
*SUP 1: 112-272/167 50% 111-277-113-26+/50-dma
*SUP 2: 111-26+ Oct 8 ten-year low
*SUP 3: 111-07+ Oct 14 2008 low
*SUP 4: 110-29+ 50% 96-25+-125-01+
*SUP 5: 108-15 2008 lows
5-year future's closed above the 100 & 200-dma last week to extend the recent
uptrend. The outlook has turned more bullish, bringing the Aug 22 high into view
at 113-277, ahead of the May 31 high at 114.04+. Bears need to clear the 50%
fibo & 50-dma at 112-272/167 to regain control, opening a deeper move toward the
Oct 8 ten-year low at 111-07+.
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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.