Bund Lower in store

FX:BUND   Euro-Bund
10 0 1
AB - CD could be in play
Bear flag and wedge created
Broke below the wedge
Had a bearish engulfing day followed by another red candle today
Rejection off the 50% Fib retracement from High of 160.68 to low of 151.44
50 DMA cross below 100 DMA = Death Cross?

Support at 20 dma at 153.972
Support at January and May low ( Double bottom there) at 151.44

Invalidated if:
- ECB came to the rescue and buy in hordes again
- will the ECB allow lower BOND prices and higher YIELD?

Possible scenario if this happen:
- Eur/Usd             shoot to the sky
- Dollar index             to fall
- No september Fed rate hike
- European stocks crashing with severe correction
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