Just a couple of things to ponder over some holiday cheer.
The Five year Bonds have been the weakest part of the curve.
The 10’s & 30’s do not show this level of weakness. Both still have long term pattern integrity.
Gold & Silver are breaking down on the qtrly charts although selling Silver is a risky proposition given it’s just entering the top of the long term cloud.
Both of these metals will need sustained price action above the qtrly ORL’s next year to mount a rally. Place these levels in your alerts so you can access next year.
5 Yr. Notes
10 Yr. Notes
GOLD
SILVER




