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Excellent observations - The U.S. Ten Year Note yield (TNX) is outside its upper Bollinger Band for the 200-day moving average. That’s either going to be a major reversal or a reset of the “normal” trading pattern. If the TNX yield stays above 4.5% and the bands turn up, you will be absolutely right! That means a new “normal” is on the verge of being confirmed. And that new “normal” isn’t going to be pleasant unless you’re on the right side of the trade.

You Can’t Tweet Away Inflation
May 15
at
5:33 PM
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