Kontoeidis1989

Short-term resistance for 10 -year but long term rising

TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
What we see in the 10-year yields is that the most probabilistic thing right here is to correct to the 38-50% fibs before starting the new rally phase which will make the new highs.
Even though it has many cycles pushing down the pattern is so positively configured that it will very soon start rising again once that correction is over.

That inversely means that the /ZN , the treasury notes are about to start a new rallying phase into resistance which should be sold.

What is your business plan ?
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.