Tuesday, 26 June 2012

30-year US T-bond prices

James Flanagan, founder, Gann Global Financial, sent me a message-
"After a 31 year bull market in 30-year bond prices, we should

be at the end of this multi-generational advance. I believe there are important lines in the sand based upon both price and time which have a high probability of holding. The recent high on June 4th was made within 22 calendar days of the May, 13, 1952 60-year cycle turning point

The chart above is also a bit bearish

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