Posted by windyjazz on 16th of Aug 2013 at 01:25 pm
On short term charts (3min) this morning till just a short time
ago a wave 4 symetrical triangle which lost the bottom trend line
and gave us wave 5 here now at some support. The 10year pushing
over 2.8 was enough to get this rolling down. Also looking somewhat
like a dead cat bounce so far.
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Morning wave 4
Posted by windyjazz on 16th of Aug 2013 at 01:25 pm
On short term charts (3min) this morning till just a short time ago a wave 4 symetrical triangle which lost the bottom trend line and gave us wave 5 here now at some support. The 10year pushing over 2.8 was enough to get this rolling down. Also looking somewhat like a dead cat bounce so far.