CBOE 10 YR TREASURY NOTE YIELD

10 Year Treasury yield at resistance level

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The 10 Year Treasury yields have bounced aggressively from all time lows. However, we are not at the August/September 2020 lows which coincides magically (lookup the gold number found everywhere in the Cosmos) with the 38.2% fibo retracement from the highs to the lows. If rates go sideways or correct from here, we're likely going to see a bounce in the Nasdaq which is currently near the 100 DMA bounce level...

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