Bond yields continue its convexity in rise and things are getting interesting.
Usually the rate of change in bonds are a red flag but who actually knows lol.
Exuberance is bliss in this market.
On SPX (usually follow ES1!) noticed this little wedge within this bigger wedge.
Safe to say spotting these are kinda my thing lol,
Stoch RSI at turning point, RSI and MACD both look like they are letting up.
That's all folks.
Usually the rate of change in bonds are a red flag but who actually knows lol.
Exuberance is bliss in this market.
On SPX (usually follow ES1!) noticed this little wedge within this bigger wedge.
Safe to say spotting these are kinda my thing lol,
Stoch RSI at turning point, RSI and MACD both look like they are letting up.
That's all folks.
Comment:
That was a nice gap down out of this wedge lol
