Thursday 18 October 2012

T-Bonds...bias remains lower (ZB Z12)



Remember this high time frame fork in the top chart? Here's the background and also here
In the middle there is a detailed study incorporating reaction lines plus other pertinent forks and the lower chart is a 30 min showing the reaction line that caught and supported price last time. This time we will go lower and the pattern suggests we are building a top...This also dovetails nicely with a possible coming equity rally.

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