If you look at the LONG term picture, the monthly chart pattern for the CBOT Sep06 30YR. made a high in Jun03 around 124 (pt1), a low in May 04 around 103 (pt2) , in high in June05 around 120 (pt3), so if the patern is to follow, the low should of been Mays06 low around 105 (pt 4 ??)
Simple...