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The bond selling continues and stocks get a lift. The yield on the ten year note has very strong resistance at 4.1%, 1998 and 2001 low. It will be interesting to see if there are takers there.
NDX is bumping up against the old trendline support (2014) and a failure here could confirm a right shoulder on the daily.
The bond selling continues and stocks get a lift. The yield on the ten year note has very strong resistance at 4.1%, 1998 and 2001 low. It will be interesting to see if there are takers there.
NDX is bumping up against the old trendline support (2014) and a failure here could confirm a right shoulder on the daily.
This entry was posted
on Thursday, May 29, 2008 at 5/29/2008 09:51:00 AM.
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