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Where To Look For An End To Bund Rout?
Euro-Bund Future
Short
Where To Look For An End To Bund Rout?
By SharifAzadeh
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Jun 4, 2015
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Jun 4, 2015
The support area in the rectangle has some unique characteristics that makes it a good place to expect the recent Bund sell-off to halt:
1- Trendline
2- 50% Retracement
3- Change of Polarity zone
Until that area, I don't see any reliable support on the chart and expect the Bund price to keep falling.
Good luck,
Ali Sharifazadeh, CFTe
BUND
bunds
german
SharifAzadeh
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