(139,01)The BUND found good resistance already below 139,45 where it formed a small double top. The closing was negative but only a daily closing tonight below 138,95 will favour lower levels. The indicators of the daily chart are still well positive but those of the s/t ones turned already below the line supporting a correction. The move this morning below 138,95 confirmed a double top suggesting now a s/t target at 138,46. For this reason we sold the BUND here at 138,98 with a stop at 139,51 for a test of the 200 hours line at 138,45!!
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FUTURE TREND RESEARCH