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Commodities Update: Technical Analysis: LITTLE BIT OF SELLING PRESSURE ACROSS COMMODITIES
May 16, 2025
The creator provides a technical analysis update on commodities, starting with the US Dollar Index (DXY), which appears poised to move higher based on a falling pennant formation. The analysis then moves to interest rates, noting the two-year yield is rising while the 10-year and 30-year yields show potential for further declines. Bond prices (TLT) are also discussed, showing a pattern of gapping up and then selling off.
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