Bonds are still being thwarted by resistance at 176^27.
S&P 500 futures held overnight which makes me think there is a minor upward bias this morning.
Bonds having a tough time with resist at 176^22 and the daily moving averages.
Bonds have recovered the dip from yesterday and again trying to climb over 176^27.
S&P 500 futures opened the trap door overnight and have pushed to the lower end of the range it has traded in for the last week or so.
Bonds slipped lower after the FOMC statement today but has recovered most of the drop late in the evening as the equity futures are lower.
Bonds are still trying to gather energy to push over 178^27.
S&P 500 futures rose enough to invalidate the triangle but the form of the last week or so still looks corrective hence I still label it [B] either done or nearly so.
Another day spent hugging the daily moving averages in bonds.
Bonds drifted back a bit after the test of the 178^27 resistance zone but are firming up as expected.