{"id":393,"date":"2013-01-23T10:44:27","date_gmt":"2013-01-23T10:44:27","guid":{"rendered":"http:\/\/www.futurestechs.co.uk\/blog\/?p=393"},"modified":"2013-01-23T10:49:51","modified_gmt":"2013-01-23T10:49:51","slug":"bund-futures-technical-analysis-head-and-shoulders","status":"publish","type":"post","link":"https:\/\/www.futurestechs.co.uk\/news\/2013\/01\/23\/bund-futures-technical-analysis-head-and-shoulders\/","title":{"rendered":"Bund Futures Technical Analysis – Head and Shoulders?"},"content":{"rendered":"

Today’s Bund Analysis centered around a possible Head and Shoulders pattern that’s forming on the intra-day charts. So far this morning’s price action has seen a failure at the Neckline of this potential pattern. <\/strong><\/p>\n

Here’s the analysis we sent out pre the 7am open:<\/strong><\/p>\n

\n
Yesterday morning we saw weakness from 143.10 to 142.54, but from here the bulls took over and pushed us up to a late high of 143.23, closing strongly on what turned out to be a pretty \u201cwhippy\u201d session.<\/div>\n
<\/div>\n
The net result on the daily candle chart is a Hammer-shaped candle, with a long lower shadow to suggest downside rejection. This means we are once again sitting just below the Neckline of the potential Head and Shoulders bottom on the intra-day charts, shown above on a 4 hour chart. This line is at 143.51 and if we get through here there\u2019s scope for a \u201cmeasured move\u201d to north of 145.00.<\/div>\n
<\/div>\n
Despite the recent volatility the POCs on the last four Profiles read 142.73, 142.87, 142.95, and 142.91, so the market\u2019s perception of value has been fairly consistent.<\/div>\n
<\/div>\n
\n
\"Bund<\/a>
Bund Head and Shoulders?<\/figcaption><\/figure>\n<\/div>\n
\n
\n
R7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 144.17<\/div>\n
R6\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0143.93<\/div>\n
R5\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 143.77 <\/strong><\/div>\n
R4\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 143.64 <\/strong><\/div>\n
R3\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0143.51 <\/strong><\/div>\n
R2\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 143.38<\/div>\n
R1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 143.17<\/div>\n
<\/div>\n
S1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 143.03<\/div>\n
S2\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 142.85 <\/strong><\/div>\n
S3\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 142.69<\/div>\n
S4\u00a0\u00a0\u00a0\u00a0\u00a0142.51-54<\/div>\n
S5\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 142.38<\/div>\n
S6\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 142.24<\/div>\n
S7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 142.05 <\/strong><\/div>\n
<\/div>\n
.<\/div>\n
.<\/div>\n
Feel free to regsiter for a Free Trial here<\/a>.<\/div>\n<\/div>\n<\/div>\n<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Today’s Bund Analysis centered around a possible Head and Shoulders pattern that’s forming on the intra-day charts. So far this morning’s price action has seen a failure at the Neckline of this potential pattern.
\nHere’s the analysis we sent out pre the 7am open:<\/p>\n

Yesterday morning we saw weakness from 143.10 to 142.54, but from here the bulls …<\/p>\n

Read more<\/a><\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-393","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/comments?post=393"}],"version-history":[{"count":8,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/393\/revisions"}],"predecessor-version":[{"id":400,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/posts\/393\/revisions\/400"}],"wp:attachment":[{"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/media?parent=393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/categories?post=393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.futurestechs.co.uk\/news\/wp-json\/wp\/v2\/tags?post=393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}