21st April 2017 – Bund Daily Trade Plan

News

0800 FR PMI 0830 EZ PMI 0900 EZ PMI
0930 UK RETAIL SALES 1500 US HOME SALES

Previous Day – Down day with down close, tst first time back to d.bz 62.68-02, mode rot down.

Big Picture

60m – Down, for cont, hold 84-96 bac 62.50

10m – Neutral, for direction bac 96 or 52

Context Play

1. Balance

Shorts; hold 84-96 t 74 t2 69 t3 60-52

Longs: hold/bof 60-52 t 70 t2 84-96

2.Up

Longs: bac 96 t 16-20 bac 20 t 34-44

Shorts 34-44 t 96-88

3. Cont Down

Shorts: bac 50 t 38-25 bac 25 t 18-00

Longs: hold 38-23 t 52 -80

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