Wednesday, November 23, 2005


Here is a daily chart of June '06 eurodollar futures.

The market has rallied to to just above the top of its current bear market box which is at 95.25. I think a reaction down to 95.18 or so would be normal but then I think the rally will resume and carry the market up close to the 1/2 point of the next higher box near 95.49.

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