$TNX has come off the highs from a week ago.
A Go Countertrend Correction Icon a week ago indicated that in the short term price may struggle and we have seen it move lower since. GoNoGo Oscillator has fallen to test the zero line where it has remained. A GoNoGo Squeeze is building as the oscillator looks for support. With reactions to the Fed’s comments later today sure to move markets, we’ll be watching the oscillator to see if it finds support.
