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Central Missouri | Watch the macd and the 114 level. If bonds break below 114 or macd rolls over look at shorting. Til then trend is up.
BTW, I should have shown the other side of this. The daily has a nicely formed head and shoulders bottom that if we break above the 119-8 level will be confirmed and measures to 122-123 on the chart. The next several days will confirm which way this market is headed.
Edited by ehoff 2/4/2010 17:45
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30 year bond macd observations
