Bonds hammered today

Alright folks bonds are getting slaughtered today down over two handles at 146 18. As of this recording, I’m going to pull back to the weekly chart and see if we can find any little last stands of potential support. Here we’re looking at an area right around basically where we are. Right now here at 146 10 146 area tends to be some short term support. This is a 76 retracement here at 147 27. We’re obviously a point below that level. But this was a last area right here where we had a lot of resistance that we finally cleared and busted out to new highs. And now we’re coming back to test this area. So this area be watching closely to see if it holds. If it doesn’t, I’m watching for a another potential six handle move, or six full points down to the 140 level that is going to be $6,000 a contract from where we are today. Now, bond prices have charted a parabolic decline lower since the year began. And it’s getting to the point where the bond market bond market sell off could be unsustainable. Now we do know that April is typically one of the weakest months of the year for the bond market. This is the 515 30 year historical price average and this is the month of April. But that is in line with what we know with equity prices to knowing that we are in the most bullish month of the year. So long equity short bonds that make sense but knowing what we know about the back half of April and heading into may suggest that we may want to lighten up on equities and start to nibble in bonds to the long side. And that is exactly what we’ll be talking about in tonight’s presentation new AI pick stocks that are crushing inflation, how to navigate the month of April and beyond we’re going to talk about special technology that can locate key markets key sectors that are poised to move that are based off of intelligent data history and cycles. As I say the data does not lie. So I’m going to link you to this page right here. I’ve got to do is put in your name and email address and I look forward to seeing you there