Bund Futures Mildly Bullish Despite Gap-Down; Levels in Focus
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283
(Bloomberg) -- Bund futures (RX1) technical levels in focus.
- Daily Trend Bias: Neutral to bullish
- Comment: Gaps lower as appetite for risk returns; despite this, topside risks remain present and buyers could become active again at lower pivot points (162.78, 162.49); further down, 13-DMA at 162.38 should be monitored as seen as the bull defining and trailing trend support
- Resistance: 163.10 (day’s pivot); 163.39-43; 163.71
- Support: 162.78-73; 162.49; 162.38 (13-DMA); 162.22
- 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
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283