30-year mortgage rate rises to 6.88%, a 2-month high; Dow Jones momentum weakens with consecutive lower highs.

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Fed flip flopping policy comes with consequence. https://t.co/0LzCCvKTbR

— The Great Martis (@great_martis) October 8, 2024

Dow Jones

Update✍️

Momentum falling off a cliff.
Relative strength lower highs.

The churn up against resistance is a Warning signal.⚠️ pic.twitter.com/97dKcEBD3B

— The Great Martis (@great_martis) October 8, 2024

US30yr

Probable path. pic.twitter.com/NBIfFtd8Hu

— The Great Martis (@great_martis) October 8, 2024

USOIL above 80 and a repeat of the 1970s becomes a certainty only 10x worse. pic.twitter.com/N56AxGs4mC

— The Great Martis (@great_martis) October 8, 2024