The Long Investor
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US 10 YR
🕑 Added 2025-02-12 15:00:28 +0000 UTCHas bounced quite strong now after that hotter than expected CPI print today.
Price has exactly hit the amber 0.618 Fib and bulls want the price action to reject at this level and at the very least pull back for Wave C and retest the triangle breakout level between 4.2% and 4.3%.....this would also all the market to move higher for a final leg up I believe.
But going higher from here and making a higher high will put enormous pressure on the market and will cause the $DXY to move higher as well....meaning the market will struggle to move higher.
