The systems are still currently long and will likely sell today. Please keep in mind that the long-term systems are still long biased while some shorter-term systems are looking short. This is a mixed picture. But as I indicated in my previous posts, I believe that the markets can be driven higher by the same computer programs that took them down.
UWM Daily Swing did sell yesterday at the close as expected.
Wednesday: Architecture Billings Index
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Unimpacted by New Executive Orders
Bonds were thus able to hold onto the...
3 hours ago