15/08/2012

US 10 year notes have broken important support point at 132'270. Low so far is 132'235. Now trading 132'285. Daily and 2 hour trends are down

The break on downside is very important because since the high at July 24 the downtrend has now started a fifth wave which indicates that this might become serious. A fifth wave down in a long bull market indicates the beginning of a bear market. 

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