Kumowizard
Short

Italy 10y BTP sell signal

EUREX:II1!   Euro BTP Long-Term
33 0 2
Left panel - daily cash bond yield chart:
- Yield reversed up from Tenkan Sen. Supports are at 1,35 % (Kijun), 1,40 % forward Senkou B and 1,50 % previous local high (just above 100wma)
- Heikin-Ashi possible bullish signal, with haDelta cross above its SMA3 (= bearish for bonds). haOscillator is also located above zero line.
- MACD signal itself shows consolidation with swing bullish bias, but the indicator has developed a longer term positive divergence. Histogram ticks higher.

Right panel - BTP futures (yesterday close)
- Heikin-Ashi gives a sell signal in the Kumo, below Kijun Sen. haDelta is already below zero, haOscillator may follow if selling pressure on bonds remains.
- EWO is bearish


As bund             shows signs of correction, BTP will react even more bearish . BTP/Bund spread is expected to widen further, pls see details in the previous post (link below)
New information: Italy             announced to issue a new 50 year maturity bond! :-D LOL. I recommended on Twitter yesterday, they should do it in form of a zero coupon!

Strategy: Increase Italian 10y BTP short exposure outright, or in spread trade over Bund             .
Again, please read all arguments in the previous post!


Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out