“Bonds Are the Real Risk Right Now, Not Stocks | RRG Outlook”
$GFBearish
GF technical outlook is bearish; expected to decline further after testing support near 22.
Now bonds is a little different story. Here is the chart of GF and the break of this support level here 20 20 2245 definitely triggered an acceleration and we're now testing a support level that we have seen back in May 2024 as well as in October 2022.
We broke it and we had it serving as resistance and then here was a little hesitation. So this this 22 area seems to be a pretty significant area. Market's responding to that level.