17th February - The particular threat to the UK Bond market
UK Gilt investors are focusing major Prior High support which has been smashed and major Prior Lows which have not yet been smashed.
A break of both would have set the bear seal on both the long and medium-term market.
Can the market bounce? The short-term technical picture suggests:not far.
The fundamental picture suggests: not far.
The bears remain in charge, waiting for a final close to set in motion a major long-term trend reversal.
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