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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(M0) Bullish Focus *RES 4: 136.580.......>
BOBL TECHS: (M0) Bullish Focus
*RES 4: 136.580 High Mar 13
*RES 3: 136.390 High Mar 16
*RES 2: 136.300 High May 4 and bull trigger
*RES 1: 135.960 High May 6
*PRICE: 135.810 @ 05:04 BST May 8
*SUP 1: 135.520 Low May 8
*SUP 2: 135.340 Low Apr 30 and key near-term support
*SUP 3: 135.245 50-day EMA
*SUP 4: 135.010 Low Apr 28
Bobl futures pullbacks are still considered a correction. Firm support is seen
at 135.340, Apr 30 low. The price formation on this day was a standard line, a
bullish candle pattern that reinforces current bullish trend conditions. While
it holds, attention remains on Monday's 136.300 high where a break would confirm
a resumption of the uptrend and open 136.390, Mar 16 high and 136.679 further
out, a retracement level. Weakness below 135.340 would concern bulls.
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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.