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Last week, in particular last Friday's close, did quite a bit of technical
damage to September Bonds. Price closed back below the upper parameter of
the bullish triangle patterns on the weekly and monthly charts (at least
temporarily invalidating them), and the major daily trend of the market
turned from up to down. Looks like the market may be in for 1-3 more weeks
of lower prices, although its too early to discount the potentially bullish
longer term (2 to 6 month) technical picture. There are a few charts
pertaining to this on my website.
John Kosar
http://users.foxvalley.net/~jk/
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