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10yryields

Elliott Wave View: Ten Year Notes (ZN_F) Resumes HigherShort Term Elliott Wave structure in 10 Year Notes (ZN_F) suggests the pullback to 129.28 ended wave IV. The note has resumed higher in wave V. The internal subdivision of wave V is unfolding as a 5 waves impulse Elliott Wave structure. Up from 129.28, wave 1 ended at 131.19 and wave 2 ended at 130.26. Internal of wave 2. The Note has resumed higher and broke above wave 1 at 131.19. This suggests the next leg higher in wave 3 has started. Near term, while pullback stays above 130.24 in the first degree, and more importantly above 129.28, expect the Notes to extend higher. We don’t like selling the Note, and expect buyers to appear once wave ((ii)) pullback is complete in 3, 7, or 11 swing. *Please note that market opened up with a gap*
CBOT:ZN1!Long
by Elliottwave-Forecast
Flight to safety driving gold higher, yields lower and USD upAs the stock market starts to stumble, people look for safe places like Bonds, all those bond purchases drives the USD higher since you need to buy them in USD so it creates greater demand, this increase in USD would normally be bad for Gold. But Gold is actually going up right now since it is safe haven asset, that demand is off setting the negative effects of the USD, it has finally uncoupled the 2, the gold rally might finally be there.
TVC:DXY
by alexr451
10 Year Bond & Mortgage Rates to Decline for Several Years?Using Cycle Analysis we can see multiple Intermediate Cycle Lows (ICL) of about 4 to 5 years in duration with the next one due in the second half of 2020. The next event that will signal the direction of rates is if the 10 YR Bond breaks the upward cycle trend line from the last ICL. This could occur two ways: the bond moves sideways and breaks the trendline in the next several months, or a sharp decrease pierces the trend line. Either way, this signals a failed daily cycle and the move into the next ICL has begun. The final destination could be either at 2.00 which would be equal to the left shoulder of the head and shoulders pattern, or even lower if the pattern forms a triple bottom.
TVC:US10YShort
by HoosierHODL