Tuesday 17 May 2011

Bonds Continued



Through the black d-sloping umlp on the third attempt and price moves up sharply to 122-22 where it encounters a reaction line from the green fork it is currently part of. Still no CL touch but this has been a nice trend. link1 link2
and finally yesterday
Remember my rationale was originally the pattern of a big 'W' and look at it now!
I expect to see a small RT around this and the next RL but the trend remains intact and expect to see further progress on the upside.

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