Weekly:
- Ichimoku is turning to neutral. Bit of similar picture like back in April-May/2015: weak bearish Tenkan/Kijun cross, price below Kijun, Kumo shades price, but 100wma and forward Senkou B line (52 weeks average) is holding market well so far at 161,50+. Not a surprise. Kust because FED may hike once, ECB is not going to U-Turn any time soon. I believe...
- Ichimoku setup and EWO is bearish
- Heikin-Ashi signals were/are obvious: we have a local bottom. For few days it will likely tick higher. -> see ellipses
- 163,50-163,90 is bearish support zone, this should block buyers... unless there will be a real global panic and risk off. I say it to emphasize we do not trade (sell in this case) something, just because it...
Looks like buying power started to disappear at Kijun Sen. Let's see tomorrow if we have further indication of momentum loss, or maybe a sell signal.
Start to watch for short!
Weekly:
- Ichimoku setup turned more neutra: Price below Kijun, forward Kumo ahead shades price. Average lines flat.
- I expect 161,50 - 166,40 range to hold for this year
- Heikin-Ashi signal is swing bearish
- EWO neutral
- MACD signal with Price below Kijun Sen confirms the market stopped trending higher and is moving in a sideaway range. Based on how far MACD...
Bund chart tells us that bulls should be extremely cautious. Price has reached the upper band of the channel and after a sharp decline, a corrective 3-wave up move is formed which warns of a steep slide ahead.
Good luck,
Ali Sharif Azadeh, CFTe
The long term picture for Bund market is getting increasingly bearish. Yesterday, Sentix reported that institutional investors's inflation expectation is growing and now they expect much less monetary support from central banks. Their assessment of future of the EZ economy has also markedly improved. This doesn't bode well for Bund market and the technical picture...
Weekly:
- Major trend and Ichimoku setup is still bullish, but as averages started to flatten out, we may see some longer consolidation phase, without substantial higher highe in price (lower low in yields).
- Counter buélish Heikin-Ashi signal star5ted to weaken: see haDelta, which may cross down. haOscillator is still below zero, but this is mainly due to...
Left panel - Bund futures:
- Ichimoku setup is distorted due to previous contract switch (Sept-Dec) roll down, information deriving from Price relative to averages is less reliable now. Consider it as neutral.
- However Heikin-Ashi signals are always reliable. This time watch our quantification tools: haDelta and haOscillator! Both indicators cross down at a...
Daily:
- The first deep "drop" on the chart was due to U6/Z6 contract change.
- Second leg down was due to selloff triggered by ECB
- Ichimoku setup is bearish, but price is far below Kijun and Kumo (equilibrium). Market needs consolidation.
- Heikin-Ashi signals some pause in drop: doji candle, haDelta and haOscillator moves higher (still below zero)
We'll likely...
Now we are on the way to 161,91 and than up that's my opinion.
Up to 163,66 is a good move, than we have to look as every day! May be 164,23
Also nun werden wir die 161,91 sehen um erst dann wieder die 163,66 anzusteuern.
Dann werden wir sehen wie es weitergeht.
Also aufpassen!
As this is a continous chart, indicators are distorted a bit due to previous change between front contracts, where we had a gap down between U6 and Z6 (Sept and Dec) Bund futures contracts.
If you look only at Heikin-Ashi candle itself, then the message is: short term consolidation or pull back ahead. Bearish support is between 165-165,50 (as Kijun Sen will come...
That was the big short this year. Max gap close 161,91 i thing.
Then up to 164,23 - 165,20 -165,79-166,28
Also war das große downmove für dieses Jahr.
Kann noch bis 161,91 runter dann wieder hoch.
siehe oben
Trade your plan!
Wow thats more up than i thougt...Anyway they do nothing what i want...
Don 't forget in 2 days is rollover time for the future.
Only my opinion. 164,00 ist the point i thing and then up up till today guys.
This site ist fantastic for trader, because all say trade your own plan and no trouble about short/long..bla bla.. from many german sites. Thanks to all people...
