Just about at the 200 Day MA which we have been expecting now since the start of Sept.
We want to see the price action reject at this level and come down but it may go above this level and on the retest of the 200 Day MA, we want to see it not hold and come down.
When the 10 Year pulls back then we can expect bonds to go higher then
$TLT is struggling at its 0.618 Fib so now is the time for the US 10 Year to reject to reverse $TLT then.
I have a lesson in The Learning Centre on the correlation between the US 10 YEAR and Bonds.
jp
2024-10-22 02:02:07 +0000 UTCJake
2024-10-21 16:23:32 +0000 UTCjp
2024-10-21 15:33:04 +0000 UTC