Some weekly consolidation; Possible yields haven't topped yet. These inflection points lead to weekly and monthly trend changes which I will be looking for a potential spike as momentum shifts back down and rates test the keltner channel mid or upper line. There is also a possibility that rates breakout of the resistance (trend change) of this bullish leg from 2020. The Red line on the keltner channel oscillator at the bottom.
I expect more black swan events to occur as chaos ramps up in the next year.
I expect more black swan events to occur as chaos ramps up in the next year.
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Yields are breaking upward at an inflection point ahead of the FOMC
This could run up to 6% if we break upward.
This could run up to 6% if we break upward.
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Looks like biden will get his wish and jpow has granted them a dovish christmas.
On the daily this could consolidate and head lower, and then we'll see what happens next.
On the daily this could consolidate and head lower, and then we'll see what happens next.
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Weekly Chart - Update
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🦢🦢🦢
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