The July monthly close in 10-year futures edged through rising trendline support, a level aligning with a 4.0% yield (highlighted with the yellow shaded ellipse). Is Treasury weakness through the end of July a precursor of continued selling and a blowout in yields? The CME's FedWatch Tool shows only a 20% probability the Federal Reserve hikes in September. Given...
IN this update we review the recent price action in the 10 Year T-Note futures contract and identify the next high probability trading opportunity and price objectives to target
*Past performance not indicative of future results
For ZN today, we have the Moving Average (MA) indicator acting as a support. Additionally, considering the pullback observed, it serves as a strong signal for an uptrend. Therefore, it is advisable to wait for a buy signal.
US 10-year note futures look primed for significant upside in the coming quarters as rates peak and the global economy rolls over. Weakening China economy already a sign of coming deflation while the lagged effects of rapid rate hikes in the US economy haven't even kicked in yet.
Have a look at the usual signs of a topping business cycle. Highs in homebuilders...
Technical Analysis on 10 Yr US T-Note by ARISTOVISTA
Short Term Profit !!
- INDICATOR: Price Action (Modified Harmonic Pattern)
- POSITION: Long
* Trading is something
Technical Analysis on 10 Yr US T-Note by ARISTOVISTA
Short Term Profit !!
- INDICATOR: Ichimoku Kinko Hyo ( Ichimoku Cloud )
- POSITION: Long
* Trading is something
Technical Analysis on 10 Yr US T-Note by ARISTOVISTA
Short Term Profit !!
- INDICATOR: Ichimoku Kinko Hyo ( Ichimoku Cloud )
- TIME FRAME: 60 MIns Chart
- POSITION: Long
* Trading is something
Technical Analysis on 10 Yr US T-Note by ARISTOVISTA
Short Term Profit !!
Harmonic Pattern Analysis
- INDICATOR: Candle Movement
- TIME FRAME: 30 Mins Chart
- POSITION: Long
* Trading is something
