The 89-Week MA which held Support 2 times before is now acting as Resistance after the breach around 118. Obviously a reversal would have to be validated by regaining 119-10 levels but that's just Gap filling I remain vigilant for the subvsequent changes in the trend.
The immediate downward target is 112 - 111.44 lows.
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30-Year US Treasuriy Bonds are helped by the support of the 200-Week MA which holds a third consequtive test on the downside.
There is a Bullish reversal Harami candle pattern that eventually helps the reversal scenario with immediate Resistance at 120. The Bearish view is activate d should the 112 level is broken decisively and the re is noting until the 105 low.
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