The BUND aborted the small positive day reversal confirming instead a test of the 133 level that for the moment limited the downside. Only a daily closing below 132,89 will confirm lower levels!!
The indicators of the daily chart are still well negative while those of the s/t ones turned mixed supporting some consolidation/ correction. Bullish divergences in the hourly chart and since yesterday also in the 4h one are supporting a negative tone.
We expect a firm break below 132,89; before this will occur we still see a chance for a rebound possibly even toward 136, move that we still want to sell.
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FUTURE TREND RESEARCH