TBONDS MONTHLY
 

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The 6-year cycle top in 1986 was followed by a broad trading range for well over a year. The current 6-year cycle top at "C" may develop into a similar trading range. Notice that the trading range following "A" ended at a low level of the 18-month Double Stochastic. A similar pattern could occur in 1999/2000.

 
 
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