Two-Year Notes Topping?
04/07/2009 2:01 pm EST
The weekly chart of the two-year T-note futures is looking more toppy, which suggests that the yields may be bottoming. The 127.2% projection has been met, and the weekly RSI did form a bearish divergence at the recent highs. This chart will be discussed in more detail in this week’s Trading Lessons e-letter. Click here to sign up—it’s free!