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TECHS: Where To Next?

BONDS

FI rally accelerates with momentum studies pointing north. Below is a summary of the next price objectives / resistance levels:

  • Bund (Z0):
    • 176.32 1.500 proj of Aug 28 - Sep 9 rally from the Sep 10 low.
    • 176.57 1.618 proj of Aug 28 - Sep 9 rally from the Sep 10 low.
  • Gilts (Z0):
    • 137.04 High Sep 21 and a key resistance.
    • 137.14 0.764 projection of the Aug 28 - Sep 21 rally from Oct 7 low.
  • Treasuries (Z0):
    • 139-14+ High Oct 5.
    • 139-17 76.4% retracement of the Sep 29 - Oct 7 sell-off.

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