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Jim’s Mailbox
Posted by Jim Sinclair on December 22, 2009 @ 1:20 pm in Jim's Mailbox
Dollar and Long Bonds
Tuesday, December 22, 2009
Volume continues to shrink within gap resistance. This suggests upside force is waning.
UUP (U.S. Dollar Index ETF):
[1]
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 [2]
URL to article: http://www.jsmineset.com/2009/12/22/jims-mailbox-308/
URLs in this post:
[1] Image: http://4.bp.blogspot.com/_m5i6pLhlNWU/SzDSmseDkbI/AAAAAAAAALU/UW1X0MdOlro/s1600-h/UUP.JPG
[2] http://edegrootinsights.blogspot.com/2009/12/ta-long-bonds.html: http://edegrootinsights.blogspot.com/2009/12/ta-long-bonds.html
[3] Image: http://3.bp.blogspot.com/_m5i6pLhlNWU/SzDSmcHbo1I/AAAAAAAAALM/MIY40N0nCA0/s1600-h/TBT.JPG
[4] See full posting here…: http://edegrootinsights.blogspot.com/2009/12/ta-on-dollar-and-long-bonds.html
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