vlad.adrian
Short

Euro Bund - Long term top

EUREX:GG1!   Euro Bund
97 0 5
I believe the Euro Bund             has hit a very long term top. The monthly chart looks very bearish
snapshot
.

The weekly chart shows a bearish divergence being drawn, and a very bearish candle. It is a doji star, but according to 'Volume spread analysis' it is a no demand bar with high selling volume . I have been using this type of candles in my charting, and it has a high accuracy.

If you look at past years, you can see that the Euro Bund             doesn't like heavy corrections, so a rejection of 147$ can happen. However, considering the monthly chart, I believe we can get much more than that.
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