Tecniview is a blog about quantifying market moves using technical analysis, focusing each day on a single financial instrument.
Tuesday, February 4, 2014
2/30’s Yield Curve Weekly Chart: Flattens to new 2-month lows, testing key long-term support zone
2/30’s
spread has been easing to post new 6-month lows, testing the 6–year key
support trendline (former resistance) currently at 328 and the 200 week MA
at 317.
Weakening
indicators suggest there is scope lower towards 301.
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