Free Trial

(Z18) Friday Lows Hold Firm *RES 4:......>

BOBL TECHS: (Z18) Friday Lows Hold Firm
*RES 4: 131.670 High Sep 3 
*RES 3: 131.440 High Sep 6 
*RES 2: 131.170 High Oct 2 
*RES 1: 130.620 High Oct 4 
*SUP 1: 130.210 Low Mar 9 (continuation chart) 
*SUP 2: 128.820 Low Dec 2015 (continuation chart) 
*SUP 3: 128.340 Low Sep 2015 (continuation chart) 
*SUP 4: 127.540 Low Jun 2015 (continuation chart) 
Dec-18 Bobl futures held above Friday's lows yesterday but were unable to take
out the Oct 4 high at 130.620. A close Above here would open the Oct 2 high at
131.170, a break of which is needed to re-establish the bullish trend. Bears
need to close back below 130.210 to extend the downtrend and target the March 9
low on the continuation chart. 

To read the full story


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.