BUND

Updated
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.
Note
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.
snapshot
Note
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
invst.ly/4mikd
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
Note
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.
[img]tradesignalonline.com/ext/img.ashx/wo/828AC48B-C002-4BDC-B75B-4ED9CF041801[/img]tradesignalonline.com/ext/edt.ashx/wo/828AC48B-C002-4BDC-B75B-4ED9CF041801

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