$TNX 10 year yield suggests we may very well hit 5% before the end of the year – very scary scenario for the entire economy, and a resistance level that goes back to 2001.
Looking more and more like $TGT will ultimately, get to $94 for a test of long-term support. I won’t looking to play it until it’s tested.
$DHI taking a big hit over the last three months, but shorting here as it breaks below the 200-day moving average, wouldn’t be an ideal entry from a reward/risk standpoint. Instead, I would rather it retest its head and shoulders neckline on a dead cat bounce.
$RIVN double bottom, but getting overbought as it nears the breakout level.
