The BUND confirmed a strong closing, again well above the top of the previous session but also well above the resistance line, now support at 137,70.
The indicators of the daily chart are well positive supporting further possible strength and also those of the s/t ones are above the line however showing overbought conditions.
Only an hourly closing below 137,50 will postpone further strength favouring a deeper correction suggesting a return below 137!!
We sold yesterday as suggested however at 137,95. In the hourly chart we have potential negative reversals supporting a decline as shown in the graph. Let wait for the opening!!
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FUTURE TREND RESEARCH