Free Trial

(Z18) Dip Buying Ahead Of Nov 12 Highs...>

GILT TECHS
GILT TECHS: (Z18) Dip Buying Ahead Of Nov 12 Highs 
*RES 4: 125.64 High May 29 (continuation chart) 
*RES 3: 124.27 High July 20 (continuation chart) 
*RES 2: 124.07 High Aug 17 (continuation chart) 
*RES 1: 123.59 High Sep 4 (continuation chart) 
*PREVIOUS CLOSE: 123.14 
*SUP 1: 121.47 High Nov 12 
*SUP 2: 121.12 Low Nov 8 
*SUP 3: 120.10 High Oct 8 
*SUP 4: 119.81 Low Oct 12 
Gilt futures found some support ahead of the Nov 12 highs yesterday which keeps
the bullish trend firmly intact with the next upside target coming in at the Sep
4 high on the continuous chart ahead of the Aug 17 high at 124.07. Bears need to
close below the 121.47 level to shift the outlook neutral and allow a challenge
of the Nov 8 low at 121.12 to regain the upper hand. 

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.