Pretty spectacular move off the long term trendline. Big ass falling wedge but can also be argued as a H&S. ANyways, pontificating on the pattern is not gonna make us any money. We hit the 23fib. now lets see what happens. Do we get a shallow PB before headed to the 149.07 area before a more meaningful PB to retest the Long term trend line or vice versa. By my estimates, a break of 144-144.13 will reveal more. More important question is what does yields backing off in a rising interest rate environment mean. 2/10 spread 100% delta move from lows..hmmm.