There is a 448 week vibration marking important turns (see blue cycle bars) in the bond market since 1986. The next iteration is due approximately 1/20/12 (plus or minus a week). This is just an area to watch for trade set-ups in case another CIT takes place in the time window. Ideal price projections to look for short set-up are 150 to 152 area, leaning toward 152 because of the trendline which may act as magnet. There are additional time and price projections annotated on the chart.
Kim Rice 12/18/11
