Watch out for a failure at the neckline resistance of 2.31% followed by a break below 2.263%. Such a move would signal the corrective rally has ended and the yield is heading towards 2.00%. Failure at the neckline would also signal a top in the Dollar-Yen and a potential sell-off in the equities.
We find different trendlines and an important support at this point. If the stock market keeps rising we might have a lower price, also because commodities and bonds trend inversely (1) we could have a small change in the trend, because both oil and gold have fallen. 1. Murphy, J. J. (2015). Trading with Intermarket Analysis: A Visual Approach to Beating the...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
Pay close attention to chart below. Magnitude in which price declines is often overlooked. Daily 10 Year Treasury
I want to first direct your attention to last year, as most traders have also seen the resemblance between the start of the bullish market and this year. This will also play (due to the blatant resemblance) into the fear of bears that have leverage futures to really drive this metal down. Technicals : Second, this is the lowest levels of RSI continuity also...
At extreme levels, however, the data doesn't look correct... I'm certain it is the most extreme since 2005!
There is downside risk for the euro as price action for EURUSD failed to close above 1.1342, essentially creating an asymmetric double top with the fizzled mid-February rally. The pair looks to fade back to the 200-day EMA near 1.1108. The rally in the dollar following its steep declines last week could cause a more pronounced slide as long as the DXY remains...
Daily Support and Resistance for 10 year note
Daily Support and Resistance for 10 year note
Bill Gross from Janus Capital tweeted that he expects the the spread between the German Bund and the US 10y T-Note to fall dramatically. In my technical view, the spread has formed a head and shoulders and we could see a breakdown below the neckline. Then it would be off the races!
Completing wave V. Alternative scenario: Wave 3 is wave V and wave 4 is wave A
Daily Support and Resistance for June 10 year note by anmview.com