Free Trial

(Z18) Bears Not Done Yet *RES 4:.........>

BOBL TECHS
BOBL TECHS: (Z18) Bears Not Done Yet
*RES 4: 131.940 High Aug 17 
*RES 3: 131.670 High Sep 3 
*RES 2: 131.440 High Sep 6 
*RES 1: 131.200 High Sep 12 
*PREVIOUS CLOSE: 130.780 
*SUP 1: 130.560 Low Aug 2 
*SUP 2: 130.330 Low Jun 11 
*SUP 3: 130.080 Low May 15 
*SUP 4: 130.020 Low Apr 25 
Despite hitting an intraday low of 130.640 yesterday Dec-18 Bobl futures managed
to close the day slightly up, giving bulls some breathing room ahead of the Aug
2 lows. That said, the broader trend remains downward and bulls would need to
recover the Sep 12 high of 131.200 to shift the the near term outlook back to
neutral. 

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.