The Ten Year

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Posted on June 2nd, 2008 at 10:07 PM

I am bullish on the Ten Year ($TREASURE10Y). It should soon trigger a long on the weekly chart.

There are many reasons to be bullish on bonds. One reason is that the technical setup is shaping up to be one of the same patterns we see over and over again. A pullback within an uptrend. Second, Interest rates are trading at the high end of their range. Third, Volatility has hit a key support level.

Joel Stahl

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