IXIC Possible Bear Flag to 6500
Updated
It all depends on what the US 10 Year Treasury Yield does. It is currently sitting at 2.962 as of sharing this idea and it just broke up past the previous high on 2/21. If it hits 3 too fast, it could trigger lots of selling. It went up .048 in one day. Another consecutive day like this from where we are now will get us to 3. I'm all cash at the moment and will be watching.
Trade active
US 10 Year Treasury Yield touched 3 and then retreated but still sitting at 2.981. This trade is still active but I expect to see some retrace up (potentially aggressive) from here before we resume a downward course.Trade closed manually
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