Bonds went for a deep wave (II) retrace early this morning.
S&P futures advanced overnight to push up into the next target range this morning of 3027.25 to 3034.75.
Bonds fell back away from the daily moving averages today but I don't see it as a dire development for pushing higher later.
We have a holiday shortened week coming up this week. No posts on Monday but back to normal schedule Tuesday morning. Now onto the charts.
Another week of bonds trading in the range it has in for about two months now.
Yet another week of not that much change in bonds.
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