A bullish weekly high close last Friday also provided the bond market bulls with some fresh upside near-term technical momentum. The next upside technical objective for the June T-Bond bulls is to produce a close above solid technical resistance at 118 even. The next downside technical price objective for the bears is closing prices below strong technical support at last week's low of 114 29/32.

“Importantly, by using VantagePoint Intermarket Analysis Software (www.TraderTech.com), a trader can glean very early clues on potential near-term price trend changes, such as is the case with June T-Bonds, at present. These near-term clues provided by VantagePoint can give a trader a key edge,” said Jim Wyckoff analyst for www.TradingEducation.com.

Below on the VantagePoint daily bar chart for June Treasury Bonds that the Predicted 4-day EMA line is poised to soon produce a bullish signal by pushing above the Actual 10-day SMA Close line. When a bullish line crossover signal actually occurs, likely early this week, that would suggest June T-Bond futures prices will at least experience a more significant upside corrective bounce, if not an overall price trend change from down to up.

June T-Bonds had also become oversold and were due soon for a corrective bounce. VantagePoint’s Predicted Neural Index has recently moved to 1.0, also a short-term bullish indicator. The Predicted Neural Index (PIndex), a proprietary indicator, predicts whether or not a three-day simple moving average of the typical price will be higher or lower two days in the future than it is today. The Predicted Neural Index compares two three-day moving averages to one another – today’s actual three-day moving average with a predicted three-day moving average derived from intermarket analysis data.

When the predicted simple three-day moving average value of typical prices is greater than today’s actual three-day moving average value, the Predicted Neural Index is "1.00," indicating that the market is expected to move higher over the next two days. That type of information can be very helpful for shorter-term traders establishing shorter-term positions in markets.

The Predicted Neural Index is either correct or incorrect so its performance can be measured in terms of percent correct to produce the accuracy statistics cited for VantagePoint, which has a predictive accuracy rate of around 80% across a wide range of markets and time spans in ongoing research.

About TradingEducation.com, LLC
Established in September 2005, TradingEducation.com, LLC (www.TradingEducation.com) has developed into a comprehensive internet resource offering traders free educational materials, quotes, and market relevant news for stocks, exchange-traded funds, commodities, currencies, futures and options. Traders from all experience levels can benefit from the wealth of information and tools available at TradingEducation.com which seeks to enhance their trading strategies and avoid costly mistakes. All information on TradingEducation.com, LLC websites is free to the public, with operational initiatives supported solely by advertisers.

About Market Technologies, LLC
Headquartered in Tampa Bay since its founding in 1979 by Louis B. Mendelsohn, with trading software customers in over 90 countries worldwide, Market Technologies is a fast growing, Inc. 500, company and recognized world leader in market forecasting. Market Technologies researches and develops proprietary trend forecasting and market timing technologies that utilize artificial intelligence applied to intermarket and hurricaneomic analysis, in order to forecast various commodity and financial markets throughout the world. These presently include, but are not limited to, stocks, stock indexes, ETFs, energies, interest rates, currencies, metals, grains, meats, softs and Forex, covering over 600 world markets. (www.tradertech.com)

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