Is this a problem for spreads? Extreme OB reading on Monthly chart and at LT downtrend line. Is the LT trend over now? If so, may be a problem for market
Very nice post, Thank you very much. (12/02/2023) Please do a update. I think the U.S. Treasuries Interest Rates have started a new "Bull Market". (67% or better chance the 1981 highs will be taken out one day this will not happen any time soon, it will take years, but it will happen) I think "Wave One UP" has completed or is almost complete. "Wave Two Down" could be short in time or it could take a long time. What do you think ?
NZ_Shareman
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Don't know bro, don't know much about treasuries, i don't think many people do.
Please do a update. I think the U.S. Treasuries Interest Rates have started a new "Bull Market".
(67% or better chance the 1981 highs will be taken out one day this will not happen any time soon, it will take years, but it will happen)
I think "Wave One UP" has completed or is almost complete. "Wave Two Down" could be short in time or it could take a long time.
What do you think ?