Bonds Bounce Back

Bonds regained the 10 day MA on Thursday.

Wednesday was day 15 for the daily bond cycle. Bonds will need to break above the day 6 high of 150.40 in order to shift the odds towards a right translated daily cycle formation.  That aligns with bonds being in a daily uptrend.  Bonds will remain in their daily uptrend unless they close below the lower daily cycle band. 

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