ridethepig

Support Cracked Wide Open on the US 10Y

Short
TVC:US10Y   US Government Bonds 10 YR Yield
Here we are witnessing the minimum target from a ABC perspective since the January highs at 2.799%.

This sequence from here on should be viewed as corrective and will be a shallow retrace in the broader trend. There is little support here so the key levels to watch in play remain 2.286%. We may see some choppy waters here, however, the potential to retrace as low as 2.088% remains live.

Best of luck all those positioning for the week.
Trade closed: target reached

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