25th April 2017 – Bund Daily Trade Plan

News

1035 GE AUCT 1400 US SP HPI 1500 US CONS CONF

Previous week – Range week with strong down close, at channel top and bal va extreme, bac of 62.50 t 61.54 t2 60.94 t3 60.18

Previous Day – Gap down to weekly targets 61.54 and 60.94, neutral close(bupin hi @61.63)

Big Picture

60m – Down, balance day, bac of 60.93 for cont and bac of 61.61 for pb

10m – Up, hold 61.40-33 bac 61.63 for cont

Context Play

1. Balance

Shorts: hold/bof 57-70 t 40 t2 33 t2 25

Longs: hold/bof 16-07 t 25 t2 33 t 40

2. Up

Longs: bac 63 t 78 t2 62.02 bac 62.02 t 62.18-30

3. Down

Shorts: bav 08 t 93 (watch for bof) t 60.78 t2 69-59 t3 45


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