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USB

Daily Commentary

30 Year Bond Comes into Confluence Support

Bycjrosen April 27, 2009

The 30-year Treasury Bond ($USB) has reached a confluence support level at $115.  Let’s see the daily structure and observe a possible Elliott Wave count – all of which has bullish implications going forward if we can hold support here. (click for full-size image) The 30-year Treasury Bond has been flirting with the $124 support…

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