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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo	7/7/2006 11:17:38 AM
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Non-equity financial markets.....interesting...possibly significant ...changes going on. USD..move up from May low appears to have been completed as a corrective 3-waver......opening the possibility that a 5th wave down from the Nov high may be looming....?? Bonds....strong continuation of yesterday's reversal..we have gap island reversals in both the TYX and TLT........and TNX/TYX again below FF 5.25..well below... (In equities.......corresponding relative strength showing up in BKX and XLF....)

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