US 10 YEAR
Added 2024-03-12 14:17:53 +0000 UTCCPI coming in hot is certainly a headache and the US 10 YEAR has jumped 1% today as a reaction.....that being said, the price is still below the 200 Day MA here and I am not seeing an impulse wave forming here, meaning, we will likely see a continuation to the downside after this short term bounce.
A rejection at the 200 Day MA would be ideal at 4.2%
$PYPL did not need CPI to come in hot today as it was testing the channel breakout....but lets see if this is only a short term situation.
