By Licia Leslie
May 25th, 2025
Hi Shoppers,
Here is my weekly Ishares 7-10 Year Treasury Bond ETF (Ticker: IEF) chart:
They are sitting on support here but need to close over that downtrend line in order to rally.
Watch for a close over $94.28 and then we may be out of the woods.
I chose the ten year because it helps determine mortgage rates and corporate debt and they definitely affect the stock market.
Trade Review
I did call for the QQQs to trade down but it happened too quickly to take advantage of it.
I still think we trade lower here.
If they close below $501.50 they will trade down to $489.
Thank You For Reading … See You Next Tuesday,
Licia Leslie