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Free Access(U18)Continues To Correct *RES 4:.........>
JGB TECHS: (U18)Continues To Correct
*RES 4: 150.85 - 21-DMA
*RES 3: 150.83 - 55-DMA
*RES 2: 150.79 - High July 25
*RES 1: 150.40 - 61.8% Retracement from 150.80/Aug13 High
*PRICE: 150.25 @ 18:06 GMT
*SUP 1: 149.65 - Spike Low Jul 7, 17 (Continuation chart)
*SUP 2: 149.38 - Spike Low Dec 2, 16 (Continuation chart)
*SUP 3: 149.28 - Spike Low Feb 3, 17 (Continuation chart)
*SUP 4: 148.65 - High Jan 19, 15 (Continuation chart)
Sep-18 futs traded in a tight range Tuesday following the global bond rally at
the beg. of the week. A tight 11 tic range compares to Monday's 25 tics, keeping
key Fib resistance at 150.40. Short-term momentum is in bulls' favour following
recovery through the 150.24/27 area. A move above 150.40 is required to repair
the tech damage caused by the BoJ-inspired drop at the beg. of the month, moving
focus to 150.79. Holding above 150.23 maintains the improving picture
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Why MNI
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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.