Blog Flux LinkLog: Outgoing Link Logging and Tracking for DAYTRADING FDAX FUTURE DAYTRADING FDAX FUTURE DOW JONES BLOG

Monday, January 23, 2006

BUND TRADES

I went short on the BUND today but in my winning position my connection with my broker went down and I had to close my position with 10 points win.

Short 121.44
close 120.44

The FDAX seems to bottom out today and is noting higher than friday's close. On the DOW we also see a small recovery, but we may expect a further movement south in the comming days/weeks. You can see a the DOW clearly breaking the 50 daily SMA pointing towards the flat 200 SMA. Or was friday just due to a temporarily fear reaction? Don't think so.

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