Walter Bressert Futures OnLine Using Cycle Trading Patterns to Buy Bottoms & Sell Tops in the Direction of Trend and at Trend Reversals
TBonds Weekly
 

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The 15-week cycle bottom was made the week of 11/6 and followed by three inside weeks. Last week exceeded the high of the low week to confirm a swing bottom, and also confirmed the weekly bottom by exceeding the high of the blue setup bar. The weekly trend remains up as no swing low has been taken out. The oscillator has plenty of room to the upside indicating a drop below a previous week, while possible, is not very probable.

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