Could post a problem for the Equity Complex.
The ROC's would begin to increase again, averaging 3.12%
would push TNX to 1.71 very quickly.
This would not provide anything but a SELL for TECH.
The DX has been supportive of Higher Prices for Equities
as it remains in a small Countertrend.
The JPY/USDX is the primary cause.
Once the Fuse is lit, it is Blue Skies
The ROC's would begin to increase again, averaging 3.12%
would push TNX to 1.71 very quickly.
This would not provide anything but a SELL for TECH.
The DX has been supportive of Higher Prices for Equities
as it remains in a small Countertrend.
The JPY/USDX is the primary cause.
Once the Fuse is lit, it is Blue Skies
Comment:
ZN is required to Break 130.005 to sen this into "Orbit"
Comment:
GRINDING HIGHER
Comment:
Out at the HOD, difficult to suggest Bearishly Bearish.