ELLIOT WAVE 5 sequence. - $TNX (treasuries) impending RALLY.

Discussion in 'Technical Analysis' started by truetraderone, Jun 9, 2007.

  1. The weekly chart speaks volumes.

    Please offer valuable comments.
  2. Indeed. I was looking at the TYX and TNX charts last night. I will buy any pullback (using options, maybe LEAPS).
  3. da-net


    looks like it has already had a good push to the upside and may be running out of steam. one more week of small advance. perhaps a small retracement is in order before continuing the advance.

    i agree with the previous post that it would be a buy if it has a proper retracement of the current advance. 38 or 50 % would be my preference. options of course as well.