This 10 Year decline has been really helping over the last the last 2 days.
We wanted to see a firm rejection at the 2.618 Fib at 4.9% and although it raised its head above it slightly, it has rejected very well since.
We want to see more of this.
The 2.414 Fib is next at 4.61% which is also where the 50 Day MA is moving to, I suspect some support here but if it can break down from here, this would be very positive for the market.
Especially the banking sector stocks.