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HK_L61
Oct 19, 2021 2:20 PM

TNX - Breaking 1.645 

CBOE 10 YR TREASURY NOTE YIELDTVC

Description

Could post a problem for the Equity Complex.

The ROC's would begin to increase again, averaging 3.12%
would push TNX to 1.71 very quickly.

This would not provide anything but a SELL for TECH.

The DX has been supportive of Higher Prices for Equities
as it remains in a small Countertrend.

The JPY/USDX is the primary cause.

Once the Fuse is lit, it is Blue Skies



Comment

ZN is required to Break 130.005 to sen this into "Orbit"

Comment

GRINDING HIGHER

Comment

Out at the HOD, difficult to suggest Bearishly Bearish.
Comments
Swap919
tnx dude
HK_L61
@Swap919, it must cross 1.645... and ZN breaks down or it will reverse.
HK_L61
TBX has been a solid trading Instrument.
ForexTrendline
awesome job, thanks for sharing and good luck!
HK_L61
HK_L61
New HOD.
HK_L61
1.632....
Johnny_Rockets88
don't you think this looks very similar to may 2021? in both us10y and us30y. it looks to me like someone is harvesting sellers. what do you think HK?
HK_L61
@jscheurichiv, 1.645+ and Sellers win, simple.

If ZN can hold 130.005... then there is an RT, if not there is going to be
ONE ENORMOUS ACCIDENT.

The ongoing thesis has not changed for Months, see no reason to adjust it
at this time, should the above conditions be met...

Then we will adjust, not until.

Opinions aside, we trade MATH not emotion.

IF/THEN - Conditions are always the Modality.

I do not "THINK" but "OBEY"
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