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(M4) Trend Needle Points South

SCHATZ TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets
  • RES 4: 106.040 Low Feb 15
  • RES 3: 106.010 High Mar 8
  • RES 2: 105.790/875 High Mar 25 and key resistance / High Mar 12
  • RES 1: 105.680 High Apr 12
  • PRICE: 105.425 @ 06:19 BST Apr 19
  • SUP 1: 105.340 Low Apr 18
  • SUP 2: 105.310 High Feb 26 (cont)
  • SUP 3: 105.295 1.236 proj of the Aug 8 - Mar 18 - Mar 25 price swing
  • SUP 4: 105.106 1.382 proj of the Aug 8 - Mar 18 - Mar 25 price swing

The trend condition in Schatz futures is unchanged and remains bearish. The recent break of support at 105.490, the Feb 29 low and bear trigger, confirms a resumption of the downtrend that started late December last year. The focus is on 105.295, a Fibonacci projection. Key short-term resistance has been defined at 105.790, the Mar 25 high. Short-term gains are - for now - considered corrective.

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  • RES 4: 106.040 Low Feb 15
  • RES 3: 106.010 High Mar 8
  • RES 2: 105.790/875 High Mar 25 and key resistance / High Mar 12
  • RES 1: 105.680 High Apr 12
  • PRICE: 105.425 @ 06:19 BST Apr 19
  • SUP 1: 105.340 Low Apr 18
  • SUP 2: 105.310 High Feb 26 (cont)
  • SUP 3: 105.295 1.236 proj of the Aug 8 - Mar 18 - Mar 25 price swing
  • SUP 4: 105.106 1.382 proj of the Aug 8 - Mar 18 - Mar 25 price swing

The trend condition in Schatz futures is unchanged and remains bearish. The recent break of support at 105.490, the Feb 29 low and bear trigger, confirms a resumption of the downtrend that started late December last year. The focus is on 105.295, a Fibonacci projection. Key short-term resistance has been defined at 105.790, the Mar 25 high. Short-term gains are - for now - considered corrective.