ajtj99's Market Pulse

[ajtj99]

The TNX has one of the most impressive hammers I've seen on it in, well, forever. Daily chart:

http://stockcharts.com/def/servlet/SC.web?c=$tnx,uu[h,a]daclynay[pc9!c13!c20!d20,2!c50!c200!b200!f][...

I still can't figure out why the TNX stopped where it did today at 38.03. The only thing I can think of is the gap fill at 43.50 is about at the 50% re-trace from the 49.04 highs and the 38.03 lows on the weekly:

http://stockcharts.com/def/servlet/SC.web?c=$tnx,uu[h,a]waclynay[pc13!c20!d20,2!c50!c200!b200!f][ila...

Maybe this ends up with a move to fill the gap at 43.50 followed by a brother leg down to fill the gap at 34?