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Kumowizard
29. Okt. 2015 11:00

Bund update - heading towards a double top. Slowly sell Calls 

Euro-BundFXCM

Beschreibung

Weekly:
- Bullish
- Heading towards a double top... God save bulls if Draghi & Co. doesn't deliver in December! But until they can hold longs. :-)

Daily:
- Bullish Trend continues. Channel and Ichimoku Kumo cloud clearly marks the trend and the increasing support level.
- Support is coming higher to 157.
- Heikin Ashi suggests some consolidation starts. Maybe a minor pull back is possible to 157,25-157,50. Not surprising! Why to buy this here, when US bond yields started to tick higher?

I keep on selling January and February Call options in 160-161,5 strike range.
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