Friday, July 08, 2005

Bond and Note Boxes



Here are updated hourly charts of the September T-bonds futures and the 10 Year Note futures. They show the boxes for the downtrends in the bonds from the 109-11 lower top on June 27 in the bonds and from the 114-00 lower top in the notes.

I think we have seen the day's high and that both markets will continue their downtrends to my downside targets at about 115-04 in the bonds and 111-12 in the notes.

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