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RizeSenpai

/ZB (US 30-Year Futures): Holding onto Trend, Targeting 1.618

Long
T-Bond Futures (CBOT_DL:ZB1!)  
RizeSenpai  
CBOT_DL:ZB1!   T-Bond Futures
Harmonic Patterns Trend Analysis Wave Analysis yields ustreasuries bondfutures
1
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harmonicpatterns trendanalysis waveanalysis yields ustreasuries bondfutures
The 30-Year Bond seems to have found support at the 89 EMA aligning with a trend line, it seems that demand for this maturity will pick up soon which would result in the 30-year Yield dropping to around 3.5%. I do however think this drop in yields will be temporary, but the move down in 30 year yields and the move up in the 30-Year Bond Futures will likely be parabolic until the 1.618 resistance is reached.

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