T-BOND FUTURES, Massive Double-Bottom-Formation, BREAKOUT-Setup!

Hello There!

Welcome to my new analysis of T-BOND FUTURES. Within recent times momentous changes emerged within the whole global financial markets as determining factors such as increased consumer demand expenditure and a decreased U.S. CPI have confirmed an important strengthening of the DXY, the U.S.-Dollar Currency Index moving along together with a major uptrend within the bonds. As the bonds market is not about to reverse within the recent times combined with the fact that the DXY stays within a continued uptrend these are factors that I considered within my recent analysis of T-BOND FUTURES as they offer an important view about what is likely to happen next.

Major Double-Bottom Indications and Upcoming Price-Action-Determinations:
When looking at my chart now T-BOND FUTURES are forming a major formation here, which is a substantial double-bottom formation with the first bottom already being completed and the second bottom reaching the major support zones with a high potential to bounce again. Such a double bottom formation indicates a continued demand and bullish expansion volatility once it has been completed within the schedule. Now as T-BOND FUTURES approach the major supports once again this means that the final completion of the whole double bottom is not far away especially once T-BOND FUTURES move forward with the final breakout above the upper boundaries to complete the massive double bottom formation with a breakout above the neckline with an upwind support determined by the 50-EMA and the 35-EMA.

Determined Target Zones and Upcoming Perspectives Together With the Market View:
The first confirmation is going to emerge once the breakout above the descending resistance line, in combination with the 50-EMA as well as the 35-EMA has shown up. The second confirmation and therefore the finalization of the whole double bottom formation is going to emerge once the final breakout above the upper boundary neckline of the major double bottom formation has shown up, this is going to complete the whole formation and is going to activate the final target zones as marked. Especially, with a further bullish momentum and uptrend preceding within the DXY and the bonds market such a major breakout possibility increases more and more.

The first target zone will be within the 151'05 area, and the second target zone will be within the 172'19. A continued momentum within bonds and the DXY that is accelerating and increasing with the higher highs to be formed is going to determine a fast uptrend and reaching of the targets.

In this manner, thank you everybody for watching my analysis of CHFAUD. Support from your side is greatly appreciated.

VP

Comment:

UPDATE: Over $100 Trillion of market cap within the global bonds market is making it a major market mover. This is why this major double bottom is going to be so important for the determination of all small- and mid-cap assets.

Comment:

UPDATE: All of the U.S. Bond Yields keep in a constant uptrend, even in the shorter timeframes. This is massively indicating the bullish double-bottom completion case.

Comment:

UPDATE: More and more investors are seeking to save heaven investments. Building a major bullish base for T-BOND FUTURES also.

Comment:

UPDATE: If a massive DXY and Bonds continue with major new higher highs accelerates in the next times the T-BOND FUTURES double bottom will be completed much faster.