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Monday Bond Pivots



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Price and pivot moved lower for third day through weekly pivot
and S2 support closing below S1 support, daily pivot and the new
weekly pivot. Weekly pivot moved up. Weekly OBSI reading lower
still overbought. Daily OBSI moved higher into neutral zone. This
week will be a major news driven trade. Greenspan, Treasury
Auction, G7 meeting, Iraq and PPI. Should be fun. Good Trading,
JD

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