Replies to post #9631 on MDA - Market Direction Analysis (MDA)

[Ek]

hk2: TNX just gapped down on the 2min chart. some buying in bonds coming in, it seems.

ek

[augieboo]

Jim, if you adjust the RSL slightly on the daily I think you get a pretty impressive pennant/triangle, which could imply quite a jump in rates -- if it's a pennant -- or just a pretty big move in either direction -- if it's a triangle.

What do you think?