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Something else to buy – Bunds extended and are in longer-term support

Eurobund futures made a daily-scale bottom extension yesterday, following the series of similar signals seen in US bonds and notes on Friday. This means that Eurobunds (actually, German government bonds) may also now be bought. They have been stuck in a range for a while but are now at the lower end of it where there is good support from old weekly-scale compressions:

More soon,