HALISTER1: Bund Futures Bulls Retain Upper Hand; Levels in Focus

Bund Futures Bulls Retain Upper Hand; Levels in Focus

(Bloomberg) -- Bund futures (RX1) technical levels in focus.
  • Daily Trend Bias: Bullish
  • Comment: Bulls still have upper hand despite late Friday reversal; line-in-the-sand drawn at 163.36
    • Resistance: 164.37; 164.48; 164.64; 164.79; 164.88; 164.99
    • Support: 164.00; 163.89; 163.71-70; 163.36
  • NOTE: Roll-adjusted by difference in GFUT
  • NOTE: Sejul Gokal is a FICC technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice
To contact the reporter on this story: Sejul Gokal in London at sgokal1@bloomberg.net To contact the editors responsible for this story: Ven Ram at vram1@bloomberg.net Neil Chatterjee

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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