some are calling a top in bonds and we got a nice bearish engulfing candle on the weekly.However this could be just a pullback to the strongly rising 50 dma and I wouldn't rush to call top on this yet.If it is a top it was 4 months off the low in March but 6 months would give a top in September.At least wait for a clean break of he 50 dma to be on the safe side
No comments:
Post a Comment