BUND

Updated

The run was good but now it's tricky. 164,00 is a good level for short, but if the dax goes down the BUND can go to 166,00! So we will see it next week i think.
before contract change in june 8th, we see 166,00 and than short till 161,00/160,00.

And for the longer time we have to look when this bubble burst. That's the biggest bubble we've ever seen. Look at the spread till german 10y rate and french 10y rate!
Good luck to all and have a nice weekend.

Note

If we look at 10y german rate we can see resistants at BP 30/33/50 and the support is BP 19/10/0.
Now we are a little under 19 BP, if that's hold we go down Bund.
That mean's 163,50/80 ist a big resistant, if we don't break this per day close we can go sharply down. Good support ist at 160/159,14 and 158,73.
Now you can look for your plan. Good luck.

Note

now we touched the BP 30 from 3940 yesterday. If 30 don't hold we see BP 19 in the german yield 10y. And than we see the gap close in BUND.
But they market is manipulated same as others...So be careful please.
The bubble would go on - how long? I don't know.

Note

The yield is now at 38BP if they go over 40/41 BP we see more downsite at the BUND. But don't forget the contract rolls at 8th of June and the next contract ist now at 162,87 (sept) and we are at 161,07. Good luck.

Note

so now we are in a new contract 2017 Sept. 8th, and the rate gap is close after french election. So what happend now? I guess this week is the top for the BUND in the next month. So if you have a plan short. But attention it could go some more up. Wait for confirmation. Good luck guys.

powerseller

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