Bonds Approaching Resistance
Updated
A nice high-probability midpoint here (circled) - the midpoint here is the price level where strong upwards momentum suddenly erupted (50% fib level goes here). Target zone is roughly 121'05 and up. Looking for stocks to put in at least a swing low when bonds hit this level.
Comment
As one might expect, the situation in the 10-yr interest rate is exactly the same, just inverted. This target zone has however already been touched.
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