US 10 & 30 Year Treasuries
Attached is the updated US 10 & 30 Year Treasuries charts, which have made a Stage 4 continuation move below the March swing low on the heaviest weekly volume I can see on my chart this week. It was a contract rollover week, and so the adjusted charts don't show the breakdown that the unadjusted charts that I show do.
The cumulative volume has broken down strongly though on both the 10 & 30 Year Treasuries charts and relative performance versus the S&P 500 continues to be weak.
The Treasuries did previously move into Stage 1A briefly in April, but have had a strong sell off during May on increasing volume.
Attached is the updated charts and I've also attached the 10 and 30 year yield charts to give a different perspective as you can see the secondary Stage 2 breakouts on both yield charts.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.