The Squeeze Play is ON! The falling trend line I have been tracking for the past 4 days is now in a triangle formation with the 200 day moving average and current Bond Prices. For today, after my alert to lock yesterday at midday, I am recommending Floating as we see how the Bond Chart Pricing struggle continues to form. Bonds will break our from this formation one way or the other, up or down, rather than stay at the 200 day moving average which is where Bonds have been touching for the past 14 business trading days.
After the past few days of significant losses, Stocks are attempting to recover and Bonds will be taking direction from Stocks and from the triangle pricing struggle mentioned above.
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