This market is building energy for the next leg down that could be very nasty. Look @ the chart, where we can see the bear consolidating we are doing in these values.
Some forex are leading the way, and the way is down down.
Oversold Treasury Bonds Nearing Rally (Elliott wave analysis)
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We still believe there is a bullish opportunity nearby for treasury bonds,
although the support areas we identified in our September post failed to
hold....
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