Kumowizard
Short

"Too much love will kill you" - care longs!

FX:BUND   Euro-Bund
53 0 1
OK, maybe it won't be killed, but it will pull back, as there is a serious overshoot in bullish price action + some divergences.

Weekly:
- Bullish Ichimoku , but price got far above Kijun, Kumo and 100 WMA. Price almost reached upper line of possible long term wedge
- Bullish Heikin Ashi, but only slightly higher high, while haDelta has reached extreme high --> warning for possible momentum loss in coming weeks.
- In terms of yields cash bond is trading ard 0,31 % p.a. (almost zero)

Daily:
- Bullish Ichimoku , but again Price is far above Kijun and Senkou B. --> "overbought"?
- Price shot over possible bullish channel top --> "overbought"?
- Heikin-Ashi is bullish , but watch haDelta, which has been building a negative divergence. haDelta/SMA3 was unable to make a higher high since mid december 2015. (Strange fluctuation in momentum during this bull run)

Strategy: Watch for a daily Heikin-Ashi reversal signal, or open 0,5 unit swing short whenever price hits SAR             point.


Note: if someone tells me BUND             is a safe haven, I laugh my ... off! This is a risky, overleveraged, mispriced Fixed Income asset. Do you believe in 0,3 % or less inflation for next 10 years? ;-)



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