Good follow thru overnight and today The channel is unfolding nicely: looks like wave 3 is underway. Next resistance 113 1/2?
It'd be hard pressed to push to that level, since the curve would most likely go inverted. HOwever, i'd be curious to see how it would react if such a scenario took place, whether we go more inverted very quickly, or bounce off it... Me says the former
It looks like it will run into resistance @ 113 '12 - 113 '20. My daily YIELD shows support @ 4.60 which corresponds.
I guess you have not looked at a chart this week EQT! Wanna help me sort the Benjamins in the same direction? I like them all facing me!
Well my buddy always tells me. It's not interest rates that drive the economy, but available credit. I say we invert, and see what happens