Just a few observations I would like to pass along.
Check the dates, maybe it’s that easy, something to do with institutional buy and sell scheduling, unsure:
Markets have been selling all year the whole time yields have been screeching. If yields reverse here, maybe that marks a big change of tone in the markets.
Other things, like $JNK, keep going green; doesn’t seem too risk off to me.
Bear in mind, I could be completely wrong, but I continue to look for a major low here.
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