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Bear Tuesday with 10590 10649 10670 resistance | 10506 support | rise and dip

Technical analysis for 6th October 2026

The equity backdrop has improved again this morning, but an important contradiction remains: stocks are rallying while long-term bond yields are still climbing. The Nasdaq closed at a record yesterday, Asian equities are higher this morning and European futures are up around 0.5%. Brent has retreated to around $100, while expectations of an October Fed hike have collapsed to roughly 23% from 71% a week ago. Yet the US 10-year briefly reached 5.349%, its highest since 2002.

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