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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):
clip_image001 [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]

TBT (2x Inverse Long Bonds ETF)
clip_image002 [3]

See full posting here… [4]

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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