26th July 2016 – Bund Daily Trade Plan

News

1400 US S+P HPI comp 1445 US SER PMI 1500 US NEW HOME SALES

Stats

DATR 0.81-

WATR 1.85+

p.WK.50% 167.00

M.50%

Weekly Summary – After strong down week, neutral week with neutral bull close. Watch p.weekly 50% at 167.00 for ideal of where market going.

Previous Day – After daily bullpin, another bullpin, followed by range day with bull close with test and close inside of 66.68, bac of 66.87 and stats target of 168.00 ish in play

General Bias – SC 3

Big Picture

60min – Long Bias, for cont, exp to hold 66.27-15 and bac 87

15min – Long Bias into neutral bal, watch for bac/bof 59/80, for cont, exp bof downside and bac upside

Bull Hypo – if price holds/bof 65-59 then longs t75-80 bac 80 t 87 bac 87 t00 t210-17 t3 67.25

Neutral Hypo – if price holds / bof 80-87then shorts t 65-59 bac 59 then shorts t 48-42 t2 30-16; if price holds 30-16 then longs t 42-48 t2 60

Bear Hypo – if price bac 16 then shorts t09 t2 00-95

Red flag levels – For short trades bac 87 For long trades 166.00

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