Free Trial

(M9) Downside Break *RES 4: 133.410......>

BOBL TECHS
BOBL TECHS: (M9) Downside Break
*RES 4: 133.410 High May 29 2018 (continuation chart) 
*RES 3: 133.320 High Feb 26 (continuation chart) 
*RES 2: 132.310 High Mar 27 
*RES 1: 132.170 High Apr 2 
*PRICE: 132.900 @ 04:48 GMT Apr 4 
*SUP 1: 132.840 Low Apr 3 
*SUP 2: 132.710 Low Mar 25, 26 
*SUP 3: 132.510 Low Mar 22 
*SUP 4: 132.440 Low Mar 21 
Bobl futures broke to the downside out of their short term range yesterday to
shift the near term outlook negative. Bears now target the March 25,26 lows at
132.710 ahead of the March 22 low at 132.510. Bulls need to break above
Tuesday's high at 132.170 to open the March 27 high at 132.310. Above here would
suggest a potential bull flag breakout. 

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.