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Exercise #6
1.) Taking a look at the 5 Year Yield Index (FVX) chart, we can make which of the
following statements:
Your answer was A. The chart has given a triple top buy signal and
violated the bearish resistance line. This would suggest rising prices for the FVX and rising rates.
Correct! The chart is on a triple top buy signal and the trend is now positive.
If the trend is positive for the FVX, that would suggest higher rates since the FVX is the 5 Year Yield Index which
is the actual measure of the rate itself.
Go to the next question.
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