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Daily Bond Chart

30. December 2008
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Due to the holidays, things have been a bit sluggish; both for the market and for my postings.  However,  I wanted to share a daily Bond chart (ZB).  You can see the major gann levels (multiples of 180°) each marked areas of consolidation.  We are currently bouncing back and forth on the 720° (2x360) level.  Could this mark the end of the bond's rise? 

  

UPDATE 2008.01.05 - Here is the current chart.  Like magic it fell the very next day.  And look where we are at today!  Spot on. 

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