Today is the 15 day timeout for the long Bunds trade. A favorable trend has not developed and we would suggest exiting this position.
We have an outstanding long Eurostoxx position which is also timing out today. However we are in support from old compressions. Keep this trade for now and we will advise further. The Nifty was timed out on the 20th of May and S&P trade timed out on the 18th of May.
