Free Trial

TECHS: (Z18) Giving Back Some Gains *RES 4:....>

BTPS
BTPS: TECHS: (Z18) Giving Back Some Gains
*RES 4: 129.97 High Jul 19 (continuation chart) 
*RES 3: 127.70 High Sep 18 
*RES 2: 126.40 High Sep 11 
*RES 1: 125.71 Low Sep 24 now resistance 
*PREVIOUS CLOSE: 123.47 
*SUP 1: 123.21 High Oct 29 
*SUP 2: 119.27 Low Nov 20 
*SUP 3: 117.77 Low Oct 19 
*SUP 4: 113.64 Low Jan 3, 2014 (continuation chart) 
DEC 18 BTP's have back some of Monday's strong gains yesterday but support at
the Oct 29 highs remains intact, keeping the focus on the upside. The 125.71
remains in focus ahead of a potential return to the 127.70 September peak. Bears
need to break back below 123.21 to return the outlook neutral and target the Nov
20 low at 119.27. 

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.