Interest Rate Update

 

The 20yr down trend in Interest Rates continues.  The monthly indicators are pointing south with the MACD crossing down this month.  

 

The 8yr weekly down trend is also intact with rates down nearly 20% in 2014.  Seems like there is still time before rates get oversold.  24-25 continues to be the line in sand.  Until 25 gets taken out the path of least resistance continues to be down.