CBOT:ZNH2016   10 YEAR T-NOTE FUTURES - ECBT
27 0 2
- Ichimoku setup is bullish
- Heikin-Ashi turns bullish from Kijun support. haDelta/SMA3 back above zero.
- EWO is bullish

It seems the pull back and bullish consolidation is over. Market ready to go back above 132 again.

Possible translations:
- FED is deadly wrong (assuming market is right most of the times) and US is turning into recession -> US bond curve flattening may go further. Bond market just can not believe in any more hikes this year (nor does FED funds pricing)
- Risk off will dominate again in equities
- USD buyers can face problem soon -> USD should weaken, or at least not strengthen further
- If all yields globally go to negative and naturally US yields go lower too, then Gold             will look even more attractive



Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out