Using the fib retracement from our last previous cycle high, we can see yields have rallied to our 1.618 level, potentially signifying a top in yields may have been reached
We also have a triple bearish divergence on the monthly RSI almost creating this rounded top / head & shoulders pattern, signifying bonds could rally significantly with stocks if this is truly confirmed to be the top
shoutout to @JTheretohelp1 for mentioning this on X :)
We also have a triple bearish divergence on the monthly RSI almost creating this rounded top / head & shoulders pattern, signifying bonds could rally significantly with stocks if this is truly confirmed to be the top
shoutout to @JTheretohelp1 for mentioning this on X :)