21/06/2012

US 10 year note now got its first confirmed daily downtrend started

Tuesday close the 8 day MA has crossed the falling 21 day MA. The R point is now 134.050 - 134.085. The low was yesterday 132.27. Now trading at 133.020. Intervention by Fed could occur but the technical picture shows a clear sell signal for the 10 year note.

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