INDEX:TNX 10-Year Treasury Note
The Ten Year US Treasury Yield is accelerating greatly since the announcement of "Tapering" by the Fed last week. Handles in-play are as follows with likely targets vis-a-vis measured moves from further anticipated rounding bottom formation. Of course, this is only way one of thinking about where future price action may behave (...a piece of the puzzle, perhaps...). Any way ya dice it, yields over 3.5% spell trouble. Treasury yields are without a doubt the most important barometer in determining whether the run in can continue into 2014 and beyond. Keep an eye on 'em! Good luck out there!