Over 100 years ago an investment guide was published that noted a pattern called the megaphone. Wells Wilder and Alan Hall Andrews noted it in their seminars. The megaphone top is considered a classic formation.

Those that like to apply the methods of WD Gann will see this as a double top.

Traderworld magazine this month has an article that covers combining Andrews with Gann, when it come to double tops.

What is interesting this time is that there are two. One at the top a few months back and one at this point in time. Does this mean that Ben will have his hands full as Bond prices tumble. In addition there are also several others Andrews course signals at this top.

It appears that prices will close lower today in the 30 year bonds and this would confirm what is refered to as a sand bar sell signal given yesterday near the highs by AndrewsCourse. The sand bar signals are rare and typically call a top or bottom within 75 minutes.

What does this mean??? Interest rates are going up!