Who you gonna believe … ME or your own lyin’ eyes? Here are a couple visuals of 10yy and 30yy approaching yield support and offered in addition TO what we’re supposed to take away from DAY 1 of trading (ie not much). In BOTH cases, momentum (stochastics) appears to have moved swiftly into overSOLD territory. This is NOT to suggest a quick (mean reverting) move LOWER is needed. Especially NOT ahead of FRIDAY (NFP). Time at a price *could* work off the overSOLD status, just the same.
TLINE support and couple closing thoughts ...
TLINE support and couple closing thoughts ...
TLINE support and couple closing thoughts ...
Who you gonna believe … ME or your own lyin’ eyes? Here are a couple visuals of 10yy and 30yy approaching yield support and offered in addition TO what we’re supposed to take away from DAY 1 of trading (ie not much). In BOTH cases, momentum (stochastics) appears to have moved swiftly into overSOLD territory. This is NOT to suggest a quick (mean reverting) move LOWER is needed. Especially NOT ahead of FRIDAY (NFP). Time at a price *could* work off the overSOLD status, just the same.