$TNX flirting with a shooting star today. RSI pulling back from overbought territory.
Two scenarios here: either these extreme readings mark the top, or we're setting up for bearish divergence over the next few weeks/months before a more lasting peak forms.
Watching this closely. Bond yields matter more than most realize right now.
Two scenarios here: either these extreme readings mark the top, or we're setting up for bearish divergence over the next few weeks/months before a more lasting peak forms.
Watching this closely. Bond yields matter more than most realize right now.