ridethepig

US10s finding support?

Long
TVC:US10Y   US Government Bonds 10 YR Yield
Market is currently around a number of support levels ranging from 2.796% and 2.514%

=> This area is going to be very difficult to break because it also includes the uptrend which started from July 2016.

Here it is worth pointing out that the market has seen the leg lower via the ABC count. Consildation has kicked in for a lengthy period of time and we are set to begin trading more dollar strength.

Watch for signs of a base forming here, the setup weakens below 2.51%.

Thanks and good luck

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