US Treasury Bond

[james_gsx 16]

I was just going through some charts and came across this. It looks like an ascending head and shoulders pattern with some sort of wedge forming right now.

 

Now no one might know the answer to this - but if that trend line broke what would the fundamental implications be?

 

[brownsfan019 17]

Did someone say fundamentals?

 

Nah, must have mis-read that.

 

[james_gsx 16]

A$$h0l3

 

 

:o

 

I just don't know what the implications are to a declining US Treasury bond. I am no broker

[trader273 10]

That is one ugly looking daily chart. I do not think traditional CSA ( candlestick analysis- hey, everyone has abbreviations for their stuff, why not us. I hope the VSA dont get too mad though:hmmmm:) works well on market like that.

[That One Guy 10]

I don't know all that much about treasury bonds, but this guy may,

 

 

http://www.tradethemarkets.com/public/1808.cfm

 

Keep in mind this was back on Feb. 20th, but still valid today.