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JGB- TOKYO TEN YEAR - Weekly
Intermediate Trend (3 months): Neutral to Positive Friday’s Close: 14262 (+ 1) UPDATE: Ten weeks ago as the JGB was trading 14298, we stated, “The only meaningful interruption to the current upside pattern would be a weekly (Friday) settlement below 14261”. Following an initial downdraft below our particular pivot the JGB has been mulling around our pivot point for months, as the market has lost a considerable amount of volatility. NOTE: The MACD remains negative, and the 200- Day M.A. Line is neutral (no slope).
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