(138,72)The BUND failed to confirm the small negative day reversal but it failed also to confirm higher levels for now. The BUND is however still finding good resistance above 139. The s/t charts are still showing a potential S_H_S formation with the neck line at 138,13!! The indicators of the daily chart are still well positive but those of the s/t ones are below the line this morning suggesting further consolidation/ correction. An hourly closing above 138,82 could however favour another test on the upside. For now we stay short moving however the stop already to 139,15!
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FUTURE TREND RESEARCH