Bunds at Crossroads

6 kwi 2018

#Bund chart is at a very critical point. This area had previously served as both resistance and support multiple times before. If bulls manage to break this stiff resistance upwards we can say the reflation trade is going to be dead for a long time, but if they fail and price descends impulsively, yields will soar globally and stock markets will crash.

Good luck,

Ali Sharifazadeh, CFTe