Chart indicated a .5 fib fan retracement. I fully expect the 10yr treasury to extend to a 2% in the next two weeks. When this happens and taking in account the recent triple top, I expect a extra bit of panic selling than we've seen so far thus a .5 retracement. I fully expect this to return to a 0 extension. I cleaned up my FEB 25 chart of excellence for a more precise fan. This is a hunch driven analysis rather than a historical based one.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.