jeudi, mars 29, 2007

Be carefull on bonds?

It is a good time to watch bonds very closely because the Eurobund is approaching critical support around 114.7-114.6 (4.1%).
The first chart is a daily one showing a big descending triangle pattern with an Macd indicator already bearish.















My concern is that I don't see much support if this last one is broken down and more important to me it seems that the very long term uptrend (montly chart since 1990) is over.

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