The BUND confirmed a strong closing last night well above the tops of the previous sessions suggesting further upside potential in the s/t. possible therefore an extension of the correction toward the 200 hours line at 136,16, move that we still see as corrective.
The indicators of the daily chart are still well negative but those of the s/t ones are positive this morning supporting further strength. In the hourly chart we have however already overbought conditions as well as potential negative reversals. We suggest however waiting for a possible overshooting before selling again.
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FUTURE TREND RESEARCH