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6 Jul 2016 pukul 18.18
US bonds 30 y - Elliott waves and fractals on the monthly chart
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INDEX:TYX
1M
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6 Jul 2016 pukul 18.18
After a 34 years old down trend, this chart shows an away from equilibrium positioning.
For the US bonds 30 years, the price fractal might complete just few pips below 2% interest rate.
This is going to be a key moment in capital markets.
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