CBOT:ZB1! T-BOND FUTURES - ECBT
The chart presented is a Comparison of the 30 Year Bond and the Dow Jones Industrial Average . Notice how the extreme Peaks in bond prices (hitting the upper ) starts a strong rally in and also vise versa. Its a good time to buy , and short bonds. With the Feb raising rate some time in the future, I expect bond price to fall and the the next major top can be estimated when the price hits the lower trend-line. Until then the Trend is your friend...The projections made are just estimates based on the average of the two last occurrences of this pattern. !