Upmove coming in Bonds from falling wedge 052609?


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  • Ninja
  • 26-May-2009 at 12:28 PM
  • Rep: 100
  • Posts: 218
Lets see if this fulfills.



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  • Ninja
  • 26-May-2009 at 1:27 PM
  • Rep: 100
  • Posts: 218
Update

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  • 0
  • Ninja
  • 26-May-2009 at 7:22 PM
  • Rep: 100
  • Posts: 218
While we did get a nicely tradable bounce (shown in 2nd chart), this was the extent of it. The down trend day was too strong to allow any kind of material corrective move. When trading turns on trend days, bounces may be all we get. Fortunately, there are very few days like this (relatively). :-)
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