4xForecaster

10-Year Treasuries Near Support | #TNX $XAU $XAG $COMP #Forex

Short
INDEX:TNX   None
Friends,

This past April 15, 2014, I offered a relatively imminent value where the benchmark 10-Year treasuries would possibly reverse and start a new upward trajectory.

In this new chart, I would like to offer mitigating views from Fibonacci values, Elliott Wave counts, and an predictive analysis, each standing in contrast to one another, and offering lower values than the one imminent support defined this past April 15th, here: "$TNX: Early BULLISH Reversal Signal ... Confirmation pending" -
I decided to do this to offer the different types of traders (pattern, Elliott Waves, Fibonacci and occult geometrist) an array of technical angles, all calling for a relatively narrow support and potential reversal.

Please, refer to the chart for the overall technical commentary, under "Tech-Note". Also, in the link beneath the chart, feel free to review recent analysis for Gold, Silver, DOW Composite.

Thank you for your supportive readership and friendly referrals.

Cheers,

David Alcindor
Predictive Analysis & Forecasting


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