The Euro Bund is one-time-framing lower since several days. Potential supportive balance area could stop this bearish behavior in my opinion. I will be cautious for the next week.
Looking at the weekly profile we can identify a double distribution profile. VPOC of the two distributions are areas of interest for sure. All depends on the open again. Open below range and I would expect a test of the lower distribution to sell off in the end. Open in range and I would expect the market to rotate between the VPOC.
Moving forward to the daily volume profiles, we can see Friday’s profile as a simple
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