Bonds broke down from my H&S pattern yesterday. After such a breakdown, they are likely to range, or retrace a bit. The Kovach OBV is still very bearish suggesting there is more to come but in the immediate term we can expect a sideways correction, bouncing off the levels as I have drawn them
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Join my discord at discord.io/quantguy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.