Kumowizard
Short

BUND - Sell signals lining up, so sell on tops

FX:BUND   Euro-Bund
59 0 4
Bund             tried to break higher, but it was enough only for a Kijun retest. Price turned down again from 144 level, and by now is back into the Kumo. 142-144 range is expected to stay for some time, but the bias is bearish .

Slow Stoch sell signal, MACD turnind down again, DMI             is zig-zag with low ADX, Future Kumo bearish cross.

Sell in 143-143,50 range in more clips with stops above 144,10.

Trade is a lot dependent on tomorrow's ECB, but my personal view is still that ECB won't even cut the rate. QE? Except equities uber bullish pricing none of any other asset class believes in it now. That is something they brainstorming about, but for me that is a kind of ECB's last resort if things would turn really bad. Anyway, can anybody tell me how would they execute the QE             , since Europe doesn't have a common eurobond market? What would they buy? Bund             only? Or periphery bonds only? Or a mix? But then what kind of weighs to calc with? And what if one country once ever defaults on its local debt? Guys, Europe is not US, and ECB is a conservative and "devided" central bank, with a lot of internal tensions. It is not the FED.
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