Treasury Tuesdays

A.) In the last week we've seen a broad sell-off in the Treasury market. Notice the large gaps down.

B.) However, the EMA picture is extremely jumbled. Notice there is no clear direction. First, they are all in a very tight range. Second, prices are clustered around the 200 day EMA. The reason for this EMA confusion is



The Treasury market is moving sideways -- there is no trend.

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