Bullish Bonds: Technicals vs. Noise

Contrarian bet against the onslaught of bond bears.
RH Technicals vs. WallStreet

- Clean, MACD Bullish Divergence
- Descending Triangle, Completed E-wave signals new trend.
- 61.8% Fibonacci Retracement hit; Also referred to as the Golden Retracement. It is, after all, based on the Golden Ratio.
- And potentially a False Breakdown, likely to mirror the False Breakout of the B wave in the E wave.

Implications for the S&P go without saying.

Best,
RH