This will be a full week of trading with significant market-moving economic data on the agenda. It begins Monday with the ISMyield finishing at 4.18%. The move lower was driven by Scott Bessent’s nomination as Treasury Secretary. So far, the decline appears to be a standard 38.2% retracement, finding support at the lower Bollinger Band. Could the 10-year yield fall further? Certainly, the possibility remains with the 61.8% retracement level sitting at 3.95%.
The odd thing is that in the fall of 2008, the market was in freefall, with investors apparently trying to find a bottom, pushing dealer positioning to such an extreme. Today, the situation is quite the opposite, with markets climbing higher and investors betting on the continuation of the good times. It’s a polar opposite scenario—an extreme of optimism rather than despair—highlighting the conditions’ rareness.
Remember, I am the messenger of information; how you consume and use it is your call. If you don’t like the message I deliver, don’t read me. It’s very simple.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
ソース: nbcchicago - 🏆 545. / 51 続きを読む »
ソース: Investingcom - 🏆 450. / 53 続きを読む »
ソース: Investingcom - 🏆 450. / 53 続きを読む »