Emrut

RSI Divergence for 10 year notes on DAILY chart

Short
Emrut Updated   
CBOT:ZN1!   10 Year T-Note Futures
When we look into monthly and weekly charts, both RSI and trends are going up. But when we go down to daily chart, RSI is not supporting tre uptrend, just the opposite RSI is weakining on daily. This may be an indicator of ending bull market.
Trade closed: target reached:
Value broke the resistance as we guessed from the uptrending triangle
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.