Continues to bounce in only 3 ABC waves and is then met by an aggressive pull back, further confirming the downward trend here.
The 200 Day MA on the 2hr chart is also showing the clear downward trend of these yields and this is a good sign for the financial sector.
A move down to 4% will be a substantial relief from the highs of 5% only a few weeks ago.
iTurp
2023-11-28 02:46:22 +0000 UTC