Comments on: /ZN IEF Treasury Pullback Target Hit https://rightsideofthechart.com/zn-ief-treasury-pullback-target-hit/ Stock Trading, Investing & Market Analysis Thu, 16 Mar 2023 19:30:36 +0000 hourly 1 https://wordpress.org/?v=7.0 By: KevinK https://rightsideofthechart.com/zn-ief-treasury-pullback-target-hit/#comment-26713 Thu, 16 Mar 2023 19:30:36 +0000 https://rightsideofthechart.com/?p=210952#comment-26713 Randy you ended with the statement…

“Note, any rally in Treasuries off this uptrend line support from here is likely to coincide with a pullback in equities.”

Wouldn’t a rally in treasuries (lower interest rates) coincide with a RALLY in equities ?

]]> By: KevinK https://rightsideofthechart.com/zn-ief-treasury-pullback-target-hit/#comment-26709 Thu, 16 Mar 2023 18:48:45 +0000 https://rightsideofthechart.com/?p=210952#comment-26709 Randy,

I’m a dummie…I don’t understand the market today.

Interest rates went up all morning… The stock market went up all morning.
Interest rates stopped going up about 1pm…The stock market stopped going up about 1pm.

I thought the market hates rising rates and likes lower interest rates.

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