#1
Posted 18 June 2022 - 05:56 AM
#2
Posted 18 June 2022 - 07:38 AM
Here's the rest of the story as of last weekend. Until the A/D line diverges, "oversold" indications tend to be only temporary until they too diverge. It's like making progress against a riptide until the tsunami hits and slams you back to shore...and beyond.
Fib
http://www.technical...dthig061022.png
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#3
Posted 18 June 2022 - 08:32 AM
Here's the rest of the story as of last weekend. Until the A/D line diverges, "oversold" indications tend to be only temporary until they too diverge. It's like making progress against a riptide until the tsunami hits and slams you back to shore...and beyond.
Fib
The lack of issuance has been what has held the bonds market from collapsing, 3rd and 4th quarter volume of issuance resumes. That's when and why most are looking for the real problems in the bonds market. (JMHO)