Free Trial

(M9) April 10 High The Target *RES....>

SCHATZ TECHS
SCHATZ TECHS: (M9) April 10 High The Target 
*RES 4: 112.105 High Dec 6 (continuation chart) 
*RES 3: 112.005 High March 27 
*RES 2: 111.995 High Apr 2,3 
*RES 1: 111.950 High Apr 10 
*PRICE: 111.940 @ 05:14 GMT Apr 25 
*SUP 1: 111.870/860 55-dma/Low Apr 15 
*SUP 2: 111.845 Low Mar 22 
*SUP 3: 111.795/785 Low Mar 19,20/Low Mar 7 
*SUP 4: 111.725 Low Mar 4 
Schatz futures recovered the 21-dma yesterday to shift the focus to the April 10
high at 111.950 ahead of the April 2,3 highs at 111.995. Above here lies the
March 27 ytd high at 112.005. Bears need a close below the 55-dma/April 15 low
at 111.870/860 to shift the outlook negative and target the march 22 low at
111.845.

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.