US 10yr Bond yields fell back to earth last week, range bound since Q4, after producing what could b

US 10yr Bond yields fell back to earth last week, range bound since Q4, after producing what could be a double-top in the process. Kept within the 2.40 - 2.50 S/R area for most of the week, although needs to bounce soon to remain bullish. Bullish weekly momentum is decreasing..

The MACD formed a bullish up-cross during Aug16 with an expanding positive histogram with further expansion during Oct/Nov16 until mid-Dec16. Bullish momentum is decreasing and may still form a bearish down-cross over the next several weeks. Stochastic had been forming bullish higher-low's during 2H16 since becoming OS (>20), and has recently formed bearish lower-high's within the bullish continuation region. Bullish momentum is weakening.

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