Breakouts Across The Board, But Do the Averages Test Support Before Heading Higher? I Think It’s a Fairly High Probability.
2:12 PM ET The 2-yr yield is up +11bp, the 10-yr yield up +10bp and the U.S. Dollar is up a huge +1%, above $100 resistance. Because each of these assets still has a positive correlation with stocks, it’s just more support and confirmation of today’s breakouts from bullish flag consolidations. S&P futures (7m) vs……