13/11/2014

Turn around Tuesday witnessed a minor drift upwards lacking any conviction. So we sit in the middle of range in US treasuries. One eye looking at the downside trend continuation and one eye on whats going on in Ukraine.

US 10 year futures 240 min

US 10 yr 30min

Bund continued to climb higher ensuring the uptrend is still alive and well despite the late drift off into close. This mornings open has seen an early test of yesterdays low, I'm looking for decent support into 151.20 area to maintain a bullish short term bias.

Bund 240min

 

 

I just think the Bund wont be satisfied until it has reached the October 15th Summit.


Bund 30 min

Usual Thursday data from the US, otherwise be on guard for Russian holiday commentary.

Be lucky

L