Friday, December 5, 2014

The 10 year treasury rate is stronger than I thought.

I expected a gap fill in my prior model before the next move up but so far it hasn't occurred.  In fact, it's beginning to look like the old two step shuffle step which is so common in 3rd waves (1-2-1-2-3-4-5-3-4-5).

If this gaps up on Monday it will likely shock the markets.


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