Jul. 8 at 7:21 PM
$TNX I was looking at some fixed income investments, but what I saw was the beginning of negative behavior for
$IGIB, that is 3 straight days of that in the Opportunity Range™) and for
$IEF, the 10 Year Treasury ETF, it's now classified as "Negative" or "-" in terms of short term trading range behavior if we close around here...
Meaning? They are both likely to continue down into the CPI print next Tuesday. And since it's moving higher (for June), that could mean a further price drop.