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Post# of 51804
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techcharter

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techcharter

Re: techcharter post# 1586

Monday, 07/12/2004 8:55:04 PM

Monday, July 12, 2004 8:55:04 PM

Post# of 51804
10 yr Tsy yields. More

The Lower Bollinger Band is opening at an even faster rate today. I've seen in the past a price of index will drop quickly to the band. This late in the trend would be a shakeout/blowoff, especially with the curving path yields have taken the past several weeks.

Though oversold, the Stochastics are pointing lower.

The MACD indicates momentum is still strong to the downside.

http://stockcharts.com/def/servlet/SC.web?c=$tnx,uu[w,a]dacayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La1...

Bonds are so close to making a major trend change.
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