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10-year T-Bond Yield & Apple’s Gravestone Doji
Tuesday, August 14, 2012 18:41
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Not much for you today, folks.
The only notable things that caught our attention was the 10-year Treasury yield closing above resistance thus negating what could have been a short-term island top in yields, a common chart pattern in the bond market and interest rates.
Also of note, Apple couldn’t hold an almost $9 gain at closed near its low, but still up a few bucks on the day. The daily price action hammered out a gravestone doji, which should be monitored.
On the other hand, today’s price action could have been just noise. Stay tuned.
(click here if charts are not observable)
2012-08-14 18:33:38
Source: http://macromon.wordpress.com/2012/08/14/10-year-t-bond-yield-apples-gravestone-doji/
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