Elliott Wave Analysis: Bund Trading At Resistance

 | Feb 26, 2018 03:56AM ET

Bund can be trading in final stages of a bigger impulsive drop, which can be part of black wave C. Specifically we see price unfolding corrective leg 4, that is now trading at possible resistance region of a former wave (4) at 159.00 level. This wave (4) can offer a turning point lower, into final wave five to around 156.00 level.

Bund, Daily