HALISTER1: Bund Futures on the Cusp of Erasing Sintra Move; Levels in Focus

Bund Futures on the Cusp of Erasing Sintra Move; Levels in Focus

(Bloomberg) -- Bund futures (RX1) technical levels in focus.
  • Daily Trend Bias: Bullish
  • Comment: Bulls make significant headway after a conclusive break above the 164.64 resistance; attention falls on June peaks at 165.44-55
    • Resistance: 164.89; 164.99; 165.11; 165.34; 165.44-55
    • Support: 164.67-57 (strong); 164.47-44; 164.22-19 (13-EMA); 164.00
  • 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 Keith Jenkins

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283