Now that most of the world knows bond yields are rising, we have a great opportunity to catch the other side of that trade at a key level. Ideally we will get a bounce or at least a hold of the lows for the next couple of days. You can see the lower Bollinger band has been an area where downside momentum stalls out and the candle pattern is confirming that.
Personally i'm trying to scalp it, but perhaps it could be more than a scalp?? Good luck out there. Remember all bets are off below Tuesday's low.
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