€-Bund: higher than 10 Y T-Note

Catégorie [ Contrat € - Bund ]

Long term: bullish

On a quarterly basis, Bollinger bands spread is increasing. Our 7 / 23 quarters moving averages are up. Our stochastic and MACD will continue to rise.

On a monthly basis, a bullish no-crossover is the status for our 7 / 23 months moving averages. A bullish no-crossover is not ruled out with our stochastic. A qualification into a bullish parallel could be in hand next month.

Idea: higher for some periods on a quarterly basis.

Bet:  bullish in 2011

R= Historical High (134.77), +, ++;    S= MM (124.31)


Medium term: bullish parallel pattern

On a weekly basis (continuous contract), a bullish parallel pattern is in progress.

Idea:  use bullish parallel rules

Bet: MW (end of period) will acts as a support

R = 134.77 (current high), +, ++;   S = MW (129.89)


Short term (December 2010 contract): without trend

On a daily basis, Bollinger bands spread is not minimal and bands are flat. A bullish B type crossover is in progress with our 7 / 23 days moving averages. UD could act as a resistance.

Idea:  rise as long as our stochastic is not overbought

Bet: recovery in line with a rise for 10 Y T-Note.

R = MD (130.97)   S = LD (128.83)


Conclusion: less bullish than 10 Y T-Note (medium term basis)