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Commodity Trading Discussion Forum

Bonds--little roundtop

Posted By: hugo
Date: Wednesday, 7 May 2008, at 11:09 p.m.

Bonds look interesting to me right now. Don't know how long they will bump along here at 115, but the chart is telling me a move lower is probably a good bet. Soon as we clear this little congestion, they should make a few stops on the way down to 110 for starters.

Weekly has made a rounded top and should break lower...if stocks stabilize.
hugo


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