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BLOOMBERG Whatd You Miss July 13, 2024

Closing a. 3 . Up three point. 3 . A leading index doing that sort of reversal. Its not the close some traders want to see. The russell 2000 has been unable to get out of its own way. A micro version of that today. The last tie was up a year ago. Its around the 200 day moving average. It is starting to rise. Russell 2000he cannot get above 16 1600. Now it is back below it. The rsi is caught in range. We could continue to see consolidations of the recent gains. Keep an eye on it. It has not been able to put in an alltime high like the other major averages. Taylor from the equity markets into my world of the bond markets, i wanted to look at treasuries. Yields rising today. Year. T the 10 big moves, to 190. This chart is the fiveday move. Get3 basis point move to 2019 has brought in fiveday swings in both directions. It is translating into a bayer steepener bear steepener. It is now the steepest going back to march of this year. Thats why you are seeing some today, risk on rally partly f ....

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