On a "reputable" financial website I do not want to make advertisement for, an analyst recommends buying a call on the "Euro-Bund Future" with 90% leverage! Let alone the insanity of the huge leverage. Private investors are mislead in believing the future will rise and they have to jump in.
As my analysis shows, the bond future has just reached its maximum and is likely to drop by approximately 8%!!!
RSI and MACD, very important indicators, have been proven to be in congruence with the futures price.
On my analysis the red arrows indicate entry points: RSI is touching the 30 percent mark and MACD lines cross. As the MACD is trend-following, its signals are often delayed, but if they appear they are even more valid.
The green arrows mark periodic highs and exit points. As you can see the indicators are extremely accurate even on highs.
As you can clearly see on the above chart analysis, we just reached a green arrow. The RSI is also green. The MACD is not green yet, but as I said before and as you can see on the previous movements, this indicator is often delayed. Because both MACD lines are above 2, even above 2.5, we can interpret the MACD becoming green.
If you hold options / certificates on the "Euro-Bund Future" it is now time to take profits. Following analysts opinion in buying leveraged Calls on the future is equal to burning money.
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