10Y Bonds are overbought kissing 200 MA
RSI OB
MACD OB
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This is a sign the ASX could bounce as 10 years pull-back from overbought and 200 MA being resistance.
If bonds reak above 200 MA it signals a continuance in market fear and scepticism.
US10Y Already found broke above 200 MA and it is now a supporting moving average, bad sign ASX could follow.
RSI OB
MACD OB
-----------
This is a sign the ASX could bounce as 10 years pull-back from overbought and 200 MA being resistance.
If bonds reak above 200 MA it signals a continuance in market fear and scepticism.
US10Y Already found broke above 200 MA and it is now a supporting moving average, bad sign ASX could follow.