Bunds, Is The Uptrend Over?

11 Haz 2016

Bund chart tells us that bulls should be extremely cautious. Price has reached the upper band of the channel and after a sharp decline, a corrective 3-wave up move is formed which warns of a steep slide ahead.

Good luck,

Ali Sharif Azadeh, CFTe

11 Eki 2016

Not

The 'steep slide' I expected happened on early September when ECB disappointed. I have added a new analysis.