Where To Look For An End To Bund Rout?

4 thg 6, 2015

The support area in the rectangle has some unique characteristics that makes it a good place to expect the recent Bund sell-off to halt:

1- Trendline
2- 50% Retracement
3- Change of Polarity zone

Until that area, I don't see any reliable support on the chart and expect the Bund price to keep falling.

Good luck,

Ali Sharifazadeh, CFTe