MKT: TYX & Time/Price/Candlestick

[RL2946@xxxxxxx]

     Realtraders,

     Have noticed some confluences possibly forming
in the cboe long term treasury yield (tyx).
Nature's Pulse Autoscan projects cit 7/12-7/14,
Automode (f6) 7/12, and 7/14 with the dynamic cycle
tool (cd/13bars/144pivots/gs2multiplier).
     An ABC corrective pattern has formed, based on
5/28-6/20 (A), 6/20-6/30 (B), 6/30-?/? (C)
     A price extension from the 4/11/97 high and the
5/13/97 low approximates 65.3
As of 7/10, price is between the 1.38 and 1.62
retracement of the 6/20 low and the 6/30 high.
     Candlestick-wise, 7/7 & 7/10 formed a
"Homing Pigeon (bullish)".  A 1.62 retracement
to approx 65.20 friday or monday might be a good
place to anticipate a possible change in trend
in thirty year us treasury yields, short-term.
     
     Form your own analytical conclusion before
risking funds.

     Best wishes,
     amateurly,
     Rory Lewellen             RL2946@xxxxxxx