(138,80)The BUND formed a small negative day reversal but only a daily closing below 138,49 tonight will confirm a s/t top favouring a deeper correction. The BUND is however finding good resistance above 139. We have therefore still a potential S_H_S formation with the neck line at 137,98!! The indicators of the daily chart are still well positive while those of the s/t ones are close or already below the line suggesting some consolidation/ correction. Only an hourly closing below 138,49 will support lower levels. For now we stay short with a stop only at 139,35!
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FUTURE TREND RESEARCH