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Free Access(Z18) Uptrend Intact *RES 4: 161.30......>
BUND TECHS: (Z18) Uptrend Intact
*RES 4: 161.30 High Aug 17
*RES 3: 160.95 High Sep 3
*RES 2: 160.48 High Sep 6
*RES 1: 160.08 High Oct 19
*PREVIOUS CLOSE: 159.28
*SUP 1: 158.84 Low Oct 22
*SUP 2: 157.95 Low Oct 12
*SUP 3: 157.33 Low Oct 5
*SUP 4: 157.43 Low April 24 (continuation chart)
Yesterday's hold above the Oct 18 low and recovery above 159.00 keeps the
bullish picture intact with Friday's high at 160.08 marking resistance as bulls
look to extend gains. Above here extends the rally and opens the Sep 6 high
ahead of a return to the Sep 3 high just below 161.00. Bears need to break below
yesterday's low at 158.84 to make the case for a reversal.
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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.