$FGBL – Euro-Bund Futures 12/04/13

I need to study bunds longer to get a better feel for how it trades.

Observations:

  • broke downward trend line
  • turned at LVN 144.92 (3 buy signals on 20k chart, buy volume confirmation)
  • returned to test the Settlement area / Wednesday NVPOC at 145.82 marked yesterday
  • 145.5 HVN key support
  • 146.17 04/08 NVPOC

BUND_Intraday

BUND_Intraday_zoom

Updated at 14.30 GMT:

Observing Settlement and Closing gaps as S/R (yellow lines) – European Settlement @ 16.30 GMT, Close @ 7pm GMT when Treasury Pit closes in Chicago

BUND_Intraday

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