Investors are moving to safety which bids the note up and the yield down to 1.33%
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Technical Analysis is about identifying the trend
Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
Published February 25, 2020: The 3065 level is at the 200-day moving average. It also would represent a 10% correction. A confirmed breach below this major support level would necessitate a chart update with Fibonacci Retracement Levels. At that point, 2400 could be in the cards.
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Technical Analysis is about identifying the trend
Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.