This will make for a decent discussion sat morning...naturally as a forker I have to ride with them......as TLT was at top median line limit it has to gap out to continue higher.....coupled with TNX hitting its median line on damn near a straight line bombadier style drop on a longer term 60 and the USD/TNX ratio chart being at its median line.......its a duck thing with me...you know if it walks like a duck ...quacks like a duck.....swims like a duck...its generally a duck...to add fuel to this...the SPX consolidation is an edt and is about finished...
futures fell out of first upward based fork ( ZN)
TNX this morn..up nearly a point..
TLT weekly showing big ole wick..
but the biggest quacking duck of all is the consolidation in the ES...now I may have to eat crow this afternoon but I'll post now cuz the quacking getting o loud here I may have to leave... <grin grin grin>
Please accept my disagreement with all due respect...