double top on 10yr, bearish inv cup/ handle pattern BEAR TRAP?
If support doesn't hold , look for a downward breakout of the inverse cup/ handle pattern. Also forming a rounding top, but this also can be a huge bear trap.. Everyone knows the economy is in a bad shape w/ 20+ million on unemployment. Will a second stimulus jolt the economy and the economy re-open fully in 2 months? To be determine . I'm not a scientist, but if the economy fully reopens w/a high number of people still sick, this could get worse. We'll see
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