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US 30 year Treasury Bond futures

18 Mar 2021 ‚óŹ 05:07 AM

The Long Bond remains oversold waiting for a countertrend bounce to start. Prices have gone back to the 4th wave of the previous advance seen in 2019 where a triangle pattern formed. A wave 2 rally in the coming months would then end up looking like a right shoulder in the long-term chart. 

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