BUND fürFX:BUND von powerseller

The upmove after the correction has failed for me. Now look at the flag. Only if this break down is a sell, otherwise we must look for more uptrend. It's a bit tricky.
Good luck.

Kommentar:

the downmove was sharply. We see not the 166,13 so the entry was after the flag confirmed that. The next stop is around 161,13 - 160,07 - and finally at 158,72.
If you look at the 10y german yield we are now at 0459% (BUND at 162,01).
The range is beetween 0,15 and 0,50% if 0,50% break Bund goes deeper. Cause than we go to 0,70 -0,80%. Gook luck.

Kommentar:

When we look to the 10 y german yield we see the rates are at 0,579%
R: 57 - 70 -80
S: 51 - 45 - 40 - 30

That says to me we are in a range 163,50 - 158,00 at the BUND.
Same says the options at EUREX for Sept.17
So good luck to all

Kommentar:

yes BUND comes back. May one more upmove. But this year has the ECB stop buying.
So my view for next near a big short. So watch out guys.

Kommentar:

BUND

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