The markets were in the throes of tedium when we looked in on them this morning, affording us an opportunity to ponder a bigger picture than usual in some key vehicles that we track. T-Bond futures, for one. The Rick’s Picks forecast has been extremely bullish, for reasons that leap from the weekly chart to the eye. Yields on 30-year Treasurys could go below 2.5% if the futures contract fulfills its technical destiny. Gold, on the other hand, could fall all the way to $1400 on completion of a clear ABCD correction pattern from last summer’s high. This session is an eye-opener and a must-see for traders and investors concerned about the long-term trend.
