The weekly Bond markets
Interest Rates saw a regular 93 week cycle major Low (and Bond High) at the
7/25 Low at 24.52, piercing below the double bottom at 25.10-25.19.
The
weekly Bonds are in a
descending triangle and needs to close above it at 29.70 to be
bullish. A solid breakout above the descending triangle
would confirm a major Interest Rate Bottom and Bond market High is in
place, until then, we can still fall back to lower Interest rates.
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