Taken from www.charmercharts.com
Bunds:
Bunds opened higher and buyers kept the pressure to the topside and we reached 139.77.
Now we have edged lower on the close, but we are still in quite a good position on the daily
charts to trade even higher and go for the highs of 140.23 quite quickly..
Technically we are able to do this, and we would still advocate at this point that we buy into
weakness for this anticipated move higher..
If we do dip lower initially we would be looking at 139.26/139.12 to hold downside
move...we would expect buyers in at these lower levels and we would expect them to hold
longs, keeping stops then below 139.00
Bobl:
Bobl looks stronger again for this session and we would expect another assault on the all time highs of
125.69. This should occur over the next few sessions, therefore if any pullbacks are seen we are
going to be in, joining the buyers for this anticpated move higher.
We would be looking for any pullbacks to hold 125.26 and here is where we would expect buyers to
enter the market looking for further gains…
They will hold at 125.26, adding to 125.17 and would only reverse if below 125.05.
If we do lose 125.05 look for another small downward move with 124.94 targeted. This support is expected to hold and we should see another wave of buyers entering the market.
Schatz:
Despite the Schatz making some small gains yesterday we could not get above resistance
at 110.42. unless we break and close above 110.44 we still have the double
top in play and so the market still remains under pressure.
Support on the downside is found at 110.40 before yesterdays lows at 110.37 and then
110.33 before fib support at 110.28/7. Below here we have further fib support at
110.23/22 and if we see below here we look for good support at 110.17 where we
would look to attempt longs keeping stops below support at 110.10.
First resistance is at 110.42 before the highs at 110.44 where we would look to attempt
shorts keeping stops at the 110.47/48 level. If we get above here look to resistance
at 110.52.
Gilts:
Gilts had another good day yesterday breaking through resistance until we failed at 117.10, we came
back slightly from here. We remain very overbought on the 4 hourly charts.
If the bounce still has not finished we have resistance 117.10 up to yesterdays highs at 117.15. Above
here 117.39/40 before the recent highs at 117.68.
If the bounce has run out of steam look for a pullback to 116.82/83, below here we have support at
116.63/64 before good support at yesterdays lows at 116.44. If we make it below here we have support
at 116.31 it may be worth attempting longs here as we may be oversold, keep tight stops below
116.20. If we see through here look to 116.06/115.99, below here look to 115.67/59 then 115.49/43
before 115.05 and then we have January lows at 114.95.









