Price has been bouncing with the market over the last week and is negative today as the market suffers some weakness mainly down to the $UNH sell off.
What we should be watching for next is if a higher high can come in above 4.59% which was the 11th of April high, which likely triggered Trump to make the first postponement announcement.
If there is a higher high, there may be more positive news announced by Trump/Bessent that could again cool this run.
The US 10 YR running to +5% will be a concern for the market and I don't believe we will see a strong bullish run for the market if the 10 YR goes beyond +5%
But we will continue to watch this closely.
Tim
2025-05-16 03:18:09 +0000 UTCCT
2025-05-16 01:55:43 +0000 UTCLeo
2025-05-15 16:15:20 +0000 UTCMichael
2025-05-15 15:40:24 +0000 UTC