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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
(M9) Below 112.035 Would Spell.........>
SCHATZ TECHS: (M9) Below 112.035 Would Spell Trouble
*RES 4: 112.460 High May 29 (continuation chart)
*RES 3: 112.135 High June 21, 2018 (continuation chart)
*RES 2: 112.095 High May 15
*RES 1: 112.070 High May 17
*PRICE: 112.040 @ 01:55 GMT May 20
*SUP 1: 112.035 Low May 16
*SUP 2: 111.975 Low May 13
*SUP 3: 111.969/950 21-dma/Uptrend support from March 20 low
*SUP 4: 111.910/890 55-dma/Low Apr 30
Schatz futures are trading heavy as Friday's failure to take out the ytd highs
has seen some downside momentum emerge. A break below 112.035 would suggest a
downside reversal to the May 13 low at 111.975. The 21-dma/uptrend support comes
in below here at 111.969/950. Bulls target Friday's high at 112.070, above which
would open Wednesday's ytd high at 112.095.
To read the full story
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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.