Stocks have edged higher and reached our profit target of 4521. We are starting to see resistance building at each level as confirmed by red triangles on the KRI. The Kovach OBV is still strong however, but the price is gradually starting to round off suggesting we will soon have a range day, or a retracement. After over a week of rallying this is reasonable to...
Bonds have picked up as stocks have sold off due to increased risk sentiment. We have edged up to 131'02, the technical level we discussed yesterday. The Kovach OBV has picked up significantly, but is starting to level off as ZN finds value in the low 131 handle. We are gradually trekking up in a zig zag pattern, but will face resistance at the next technical...
