After showing signs of strength yesterday, mortgage bonds experienced another gap down opening this morning. Yesterday’s strength pushed bonds above their 200-day moving average. Although they were able to close above this critical level, they were quickly pushed back below…
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Additional Articles

An Important Week for Mortgage Bonds
Mortgage bonds failed to close the gap created from Friday’s sharp downside opening....
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Wise Bias is to Lock
After bouncing off the 200-day moving average in late day trading yesterday, mortgage...
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Markets Remember Black Monday 30 Years Later
The floor of support provided by the 200 Day Moving Average held yesterday...
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Placing Hope in the 200 Day Moving Average
As anticipated in yesterday’s market update, mortgage bonds fell hard after nearing the...
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Bonds at Top of Channel
It’s another quiet news day today. Unless some unexpected news comes in that...
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Bonds are feeling the pressure of stocks
After a failed attempt to make a break above the 100-day moving average,...
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Locking Bias
After stripping out Food and energy costs, inflation on the consumer level came...
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Safe play remains to lock
Mortgage bonds are up slightly this morning, as they press up against the...
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Downward Channel Remains in Tact
After climbing up to the 100-day moving average, mortgage bonds weakened in late...
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