Hi, Just thought I'd share this, since it jumped out at me from the page. It looks very bullish, all fundamentals aside...
This is just a 50% retracement with much more room to the downside. Don't be fooled into thinking that it's bullish.
Interesting take. But it doesn't quite add-up, for me. Currently ZN has retraced by nearly 60% from the peak @ 128'275 - a lot more than 50%. If it was going to retrace and then dive lower, I don't think it should have come this high. This is bullish to me. But who the heck knows, time will reveal all.