Home > Main > Bonds: Head and shouderish getting some notice

Bonds: Head and shouderish getting some notice

March 14, 2011

30 Yr Inverted Head and Shoulders?

I wrote a post on the head and shoulderish formations in the long bonds and 10 year. This was now noticed by dshort and Chris Kimble.   The bonds are very close to breaking out higher during risky times – this could be a huge “risk off” trade.

But given this potential rally in U.S. Treasuries, what is going on in the Euro today?  It is strong even in the world wide “Japan will repatriate money” trade-o-the-day.  How does this match with U.S. bonds completing this potential head and shoulders?

Curiouser and Curiouser…

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