DislikedNot disagreeing with you here, pitchfork bounce correlated with that zone... there is A LOT, and i mean a boatload of sellers in that zone, right now im trying to figure out which fund it is thats holding those positions tightly.
Im expecting it to fall another 200 pips to the designated support zone with the black box but it should crash through that aswell since the only real support in my oppinion is the green box.
Giving you a Vouch btw, so far your charts and analysis have always been superb. And im not being biased here because our forks...Ignored
It is difficult to find out who the sellers are & what are the reasons until too late.This movement will affect indexes badly.
Updated EU 240 & US 10 yr note, adding some GU shorts here . Let us see how it will unfold.
Thanks for the Vouch.
Regards,
TAQ