Macro Musings by Danny D

Macro Musings by Danny D

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Macro Musings by Danny D
Macro Musings by Danny D
Quick Charts Ahead of FOMC
Trades, Charts and Random Thoughts

Quick Charts Ahead of FOMC

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Danny Dayan
Dec 17, 2024
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Macro Musings by Danny D
Macro Musings by Danny D
Quick Charts Ahead of FOMC
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10y is at a key level. A break above the 4.46 level (which is descending and gets lower by the day) would suggest we test the YTD high at 4.70, followed by 5%. Momentum is bearish. Of course, techs can reverse hard on FOMC, so I am going in closely hedged.

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