I'm on the sidelines for now.
Showing posts with label Euro Bund. Show all posts
Showing posts with label Euro Bund. Show all posts
Monday, July 10, 2017
Euro Bund's Supportive Balance
The mentioned balance area on the plain chart seems to support Bund currently. The market opened inside of Friday's value and broke out to the north to test the previous VWAP close level and possibly a previous VAH level.
I'm on the sidelines for now.
I'm on the sidelines for now.
Sunday, July 9, 2017
Euro Bund Market Observations
Repost from Insights blog >>
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
Read more here >>
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
Read more here >>
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