Replies to post #116162 on ajtj99's Market Pulse

[ajtj99]

Yup, but for today, I believe we've seen both the highs and the lows of the day, and we may just end up closing right where we are right now.

On another note, the TNX is forming a bearish harami, which it should not be doing if the stock market is pointed up. There is something that is not right here on the TNX.

While technically the stock market looks poised for a good rebound, it's puzzling that the TNX is trading like it is. One of them is wrong, and bonds aren't usually wrong.

Maybe it could have something to do with the Fed action. Who knows.