I know most people don't think this is a possibility, but I think it's highly probable.
I think we'll see the US10Y break the recent highs and head to 5.59% as the first target to the upside. Then I think we'll continue the bullish trend and end the bullish move in yields at 8.13%, I think at that point, that's when you'll want to go long risk for the long term.
I think shorting the 10yr and 20yr bonds, might be a great trade over the next 6 months. I think the start of the move might take a little bit to play out, but should really gain steam from March onwards.
Thank you for the idea. Nice looking chart, hope ours below lives up to those standards :
TheCryptagon
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Thank you for sharing your analysis with our community. We're sharing our's as well:
benjihyam
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@TheCryptagon, yeah definitely a possibility. I'm not saying this is the absolute bottom or that the move needs to start right now - just noticing the structure and saying when we break out of this flag, that's where I expect the move to go. Hence why I said this move could take a while to play out.