I just bought some bonds!!! As you can see on the daily chart, we have a buy divergence. A couple reasons to be skeptical though are because yesterdays selloff had good volume and we have a head and shoulders pattern. For this reason I will cut this puppy short on a trade below 119'01. I bought 119'10 and will look for a retest of 120'00. My entry was made on the pullback on a 5 minute chart after new momentum highs.
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