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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