cfetrader

Descending TNX wedge break-out

CBOE:TNX   CBOE INTEREST RATE 10 YEAR T NOTE
49 0 1
Following JR's excellent analysis and chart on TNX             , I wished to further investigate the technical characteristics of TNX             on a relatively shorter timeframe. The most important observation concerns the ending wedge break-out, retest and upward escape. I will be much more confident in this price motion, when the pitchfork is also overcome. All indications point to a high probability of this happening in the near future.
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