InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: None

Thursday, 10/21/2004 9:16:05 AM

Thursday, October 21, 2004 9:16:05 AM

Post# of 51804
Bonds still in rally

This morning's early trading pushed the yield of the 10 yr Treasury to new multiweek lows. The best eWave count is a double zigZag. The end of the Zig being in Mid Aug '04, and the beginning of the Zag in Mid Sept '04.

The Oct high in the Stochastic breaks the resistance line formed by the highs since May.

The MACD is diverging momentum as the momentum favors higher yield despite the yield making new lows.

Bonds are getting ready to turn.

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

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.