Time to go long the Bund?

Beginning to nibble on some Sep bund longs here 112.07.

That high volume spike low earlier today must have flushed out a bunch of guys. Sentiment is way too bearish.

 

A volume spike is a volume spike.
I say long, for a 6-7 days correction.

 

Stone & McCarthy duration survey just off a 4-year high, lots of bulls.

 

bund gets its teeth kicked in here

 

111-112.5 is a longterm support area.
Deserves a bounce of some kind.

 

YOURS I SELL

 

I want to see a close above 112.30-40 area before I go long

euribor is at 4.5% for Christmas so we probably have few more hikes to come

 

come again?

 

Took another nibble at 111.46....