So Treasury traders are dissapointed...while Stocks and MBS traders are happy

Can Market Profile help us trade this volatility?  With the 2 day ZN mode of 132-14 and today's volatility, it looks like 131-30 should be the bottom of the bell curve, with prices below valued as "too low".  The big question is...was the selling in ZN enough to create a new oversupply condition creating a new trend, or will the day's high mode of 132-14 reign in the market?