Dollar and Long Bonds
Tuesday, December 22, 2009
Volume continues to shrink within gap resistance. This suggests upside force is waning.
Swing high breached with volume confirmation despite the pre-holiday session. This implies lower bond prices or high yields over the short-term. The intermediate-term magnets as illustrated in the Shearson T-Bond Long-Term Price Index are pulling hard. The long bond market warrants close attention.
http://edegrootinsights.blogspot.com/2009/12/ta-long-bonds.html






