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WellTrainedMonkey

TY1!: ABCB completion on structural multi-decade trendline

Long
WellTrainedMonkey Updated   
CBOT:TY1!   None
Trend Analysis Harmonic Patterns TY1! ustreasuries S&P 500 E-Mini Futures bunds jgb
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trendanalysis harmonicpatterns ty1! ustreasuries es1! bunds jgb
In a world where bunds and JGBs are zero bound, why wouldn't 3% yield and an appreciating USD be attractive to global investors? There is a weekly ABCD completion in the TY1! on high volumes which coincides with a major multi-decade structural uptrend support. A break above 119.40 in the 240M chart would be confirmation. A long in the UST10 can be hedged off with a short in the ES1! where momentum is waning off.
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