Pennywick

NAS and the 10 Year - in 3D

FX:NAS100   US 100 Cash CFD
The 10 Year saw a right shoulder form as NAS completed an inverse as short covered seemed to fuel the day after the gap-up open. Two scenarios remain in play, all keyed off the 10 year completing the H&S fueling a push up in the NAS. A rejection of the 10 - year H&S neckline, due to supply and demand, in the bond markets.
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