claydoctor

USD SPX500 and 10 Year

Short
TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
5
Just keeping this simple. 10 year in a channel for life just about. Its RSI says three strikes and you are out. In the 3 cycles over this period, we are in cycle 3, and we are past the 3rd peak. Closing and staying below 2.25 is the tell here. Strength all over is dropping. Hope is fading. Shorts have covered for the last time, being in too early to catch the knife falling.
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