- The configuration is perfect.
- 2.5% higher on this contract, Bund reaches zero rates.
- For the next 3 months the risk is to have bund climb to 159.50 (from 156.50).
- It would come back as rates would hit close to zero
- The potential once it opens below 155.5 is very of a few figures before a potential catch up to top or close to top.
Actually the gg1 is relevant in big picture still - As strange as it may sound, the chart still hold key clues in the long run... You need to watch gg1 and gg2 for big picture and then when you arrive close to a trading setup, you need to the existing future as stand alone and make sure that the reasoning holds.