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Bonds



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1. June USM Bonds completed the requirements for 5 waves down from
122-17.

2. Just happens that today's 5 waves stopped on the fibo 2.382 of wave 1
length from 122-17 to 121-01.

3. Expecting a retracement to start of 4th wave at or near 120-21.

4. Might place a sell at 120-16 with a stop near wave 1 at 120-30. I
still need to look at the longer term counts before I commit.