[Wildbill]

Technical analysis explains many stocks and narrow categories such as single commodities, but they can't possibly explain the multitude of factors that affect treasuries. Treasuries are weak right now because people are afraid Japan will stop buying them, but there is only so far the Japanese will go before they will be back selling yen and reinvesting their dollars in treasuries. Some things just don't change. Besides there are another 100 factors I could name that could explain some movement in the treasury market that have nothing to do with any charting.