Bund: Selling Opportunity At 142.80/82
Jason Sen | Mar 24, 2014 04:28AM ET
Bund struggled at 142.53/55 as expected and held below 142.65. Only above here would be seen as positive today and opens the door to a selling opportunity at 142.80/82. Stops on shorts above 142.90 for the next resistance at 143.01/03.
Immediate support is Friday's low of 142.35/32 but a break lower today is a negative signal and bear in mind a close below here adds pressure for this week. Next support at 142.15/10 which could hold the downside but on a break lower we retest March lows at 141.85/81. Be ready to go with a break below 141.70 for 141.51/47 then good support at February lows of 141.28/20.
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