Bonds hit a vM target price at 149.24 and is trying to bounce,
which I beleive is the reason for the downturn in stocks.
In order for equities to rally, we need bonds and the dollar to turn lower.
vM's to 118 and 113 are triggered, but we could easily see price move into the 160-170 areas first.
which I beleive is the reason for the downturn in stocks.
In order for equities to rally, we need bonds and the dollar to turn lower.
vM's to 118 and 113 are triggered, but we could easily see price move into the 160-170 areas first.