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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (2977)5/30/2023 11:51:50 AM
From: Bull RidaH  Respond to of 4411
 
30YR Bond - The corrective action off the December 8th low in rates lingered into last week, tracing out an ABCDE corrective triangle pattern. From last week's high in rates, a decisive move lower has begun which appears to have intentions to hit the bottom of this fork near 2.25 by June 22nd. What are we facing that would give us that kind of move? A balanced budget agreed to by both parties? Or is it finally the war we all know is coming with Russia, Iran, China, Mexico... or maybe all 4 at once? Whatever it is... it's either really good or really bad!!