Bunds:
Bunds ramped higher in the last couple of hours of Trading and closed on the highs leaving scope for further moves higher this session. We are overbought on the short term charts suggesting possibly a small move lower after the initial higher opening...
However we may have to trade higher towards 136.85/91 before we see some selling pressure.
If we can make a move to these higher levels we are sellers to here, keeping really tight stops then above 137.05. Above this resistance sees further buyers come into the market and they will take us higher for 137.33 minimum target.
Support is down at 136.17. We are buyers if the market manages to get down to these lower levels.