Important updates for our US10Y weekly chart
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Watch for signs of an impulsive bounce here in Yields ... we have reached main targets for the ABC corrective sequence and it is profit taking for all shorts. Expect a lot of noise on the political front whilst we build support.
To put simply, there is a lot of congestion around these levels, it will be difficult to break through here on the first test.
Best of luck all those in Fixed Income.
To put simply, there is a lot of congestion around these levels, it will be difficult to break through here on the first test.
Best of luck all those in Fixed Income.
Nota
Tracking 2.088 for the weekly close
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