Price is moving in a well-defined channel on the Shorter duration.
The DX remains stubbornly over 94, a level that appears to be acting
as Support for now.
A pause that refreshes, one that TLT is attempting to make sense of
in its way to 139.
TLT tracks a market-weighted index of debt issued by the US Treasury
with remaining maturities of 20 years or more out...
PCE Data Friday rose to a 30 Year High for August 2021.
Record levels at a year over year scale - with the FED
remarking "Inflation remains frustratingly high".
The Prior peak in 10 Year Note Yields provided the bottom
for the ES (SPY, SPX, S&P500) @ 1.765.
Yields have formed a Bull Flag in which Price should begin
to Chop and complete for the Breakout of the...
