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Auguraltrader
Feb 13, 2024 4:46 AM

SG10Y suggesting another round of volatility  

Singapore 10 Year Government Bonds YieldTVC

Description

Track record of tracking the SG10Y yields in giving heads up to the S&P500 or US market direction has been quite uncanny...

This time, the technical outlook for the SG10Y is suggesting a breakout, and in doing so, should see market volatility to the downside.

MACD is suggesting a potential breakout, as is a recent close to the high and breaking the Fibonacci fan resistance.

Any quick pop up would be confirmation of market volatility being imminent.
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