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Re: None

Friday, 08/20/2004 1:20:45 PM

Friday, August 20, 2004 1:20:45 PM

Post# of 51799
Bonds still in ending diagonal.
The price momentum is trailing and may truncate. Turning point is near.

Price chart below

http://charts.barchart.com/chart.asp?sym=TYU4&data=Z15&date=082004&den=HIGH&evnt=off...


On the yield chart, MACD shows the falling yield momentum is waning and a change of direction is close. The stochastic indicates the same over sold condition and is about to break above the 20 line, signalling a yield buy/ bond sell. Bollinger Bands are still wide. The yield is pulling away from the lower band, indicating a slowing/reversal in downward trend for the yield.

Yield chart below

http://stockcharts.com/def/servlet/SC.web?c=$TNX,uu[w,a]dacayyay[dc][pd20,2!b200][vc60][iLp14,3,3!La...

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