Euro-Bund future –Sep 2009
July 6th, 2009
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Comment: Top-heavy equity indices are forcing investors back into the safety of top-quality short-dated Treasuries, Bunds and Gilts leading the way to lower yields. This underlines the fact that the drop below 120.00 was some sort of ‘extension’ which culminated in a massive ‘spike low’, which is now a new important interim low. Having got the squeeze towards 122.00 early in July as expected, because the Lagging Span now must work its way through a series of chart levels between 121.50 and
