$TNX (10 Yr Yields) 7.8.2013

Wave ( A ) is nearing completion (can still test 2.78 – 2.84%) before we get a corrective pullback in wave ( B ). Break of 2.59% would be an early indication that wave ( A ) high is in place but only a break of 4th of lesser degree @ 2.46% would confirm this.

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