Major Equity Indices Nearing Support – 10-Year Yields Probably Hold Key

Several asset classes are at crucial juncture. Wednesday, West Texas Intermediate crude rallied to $51.88 before closing at $51.15, up 0.2 percent (Chart 1).  The session produced a long-legged doji, took out now-slightly-declining 50-day moving average intraday but closed the … Continued