Just a quick note that Treasuries are breaking down today out of the larger diamond pattern which formed in recent weeks. As you can see on the TLT daily, there is room to drop before the lower Bollinger Band is hit.
Elsewhere, HIMX LVS are two notable, if not widely-watched, breakouts taking place today.
DE announced an increase to its buyback an is rallying sharply. The chart still has issues technically. So, let’s see if the strength sticks.
Overall, the action has slowed down considerably after the upside reversal this morning. I am not in a rush to force in new trades—I will see what the lunchtime action brings first.
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