we can see that the market breaks the resistance zone and the market is preparing for a Bullish trend as we can see a significant volume that confirms the idea
So i believe that we should BUy ZN!
Bonds have picked up from lows, retracing the vacuum zone back to resistance at 126'19, exactly as we had predicted yesterday. The Kovach OBV picked up very slightly, but nowhere near enough to suggest any serious buying momentum. We are seeing resistance from these levels, as anticipated, confirmed by a red triangle on the KRI. It seems likely that ZN may...
As we can see the disjoint channel was brook by a candle and we had a test by a candle to confirm that the market will be going on an uptrend ( Bullish )
in addition, we can see even if we have a huge volume it did not break the vwap and the hma so therefore I believe that we should BUY ZN!
GOOD MORNING,
after the last short trading range, that seems like a semi diamond finally we are over the VWAP and we have a big strength of buyers right now although the candle is red they are here so the chance of an uptrend in the next 30 min nearly 75% due to big volume and the safety we have from the VWAP.
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In this update we review the recent price action un the US T-Notes and identify the next high probability trading pattern and price objectives to target.
-As we can see in the market we have an average trend that has many wicks as shown on the chart
- A huge volume compared to the other ones of the day in red that confirm the idea of the preparation of the bearish trend
My idea is that now if a candle breaks the vwap we need to sell ZN!
More updates about this market will be in the comments!
the market here had an average trend, and at 9H15, we can see that a significant volume came up with a candle that breaks the two indicators, which are the HMA and Vwap
at 10H15, I believe that the market is having a pullback on the resistance line and preparing for a bullish trend
the confirmation will be when the market will break the line of the pitchfork...
Bonds took a sharp nose dive off increased Fed rate hike expectations and inflation. We smashed through our lowest levels of support and drove deeper into the 126 handle, before finally bottoming out at 125'17, a support level extrapolated from inverse Fibonacci levels, a tool we are relying on more and more, now that we have exhausted all of our lower technical...
The 10yr bond market continued to fall today as yields broke the 2% level, highest levels since 2019. The market has been laser focused on the "2%" level in recent months. If you look at the 10yr bonds futures market, the ZN, the bonds have traded down to the 61.8% Fibonacci retracement of the 2018 lows to 2020 highs. This is a key level of support longer term....
I believe that we should BUY ZN!
- the market breaks the vwap with a significant Volume in green
-Testing the vwap after breaking it and leaving multiple wicks
- Market breaks the moving average that confirms my idea which is to BUY ZN!
I advise you to sell because the direction of this movement will reverse and we have a large green volume with a strong candle that confirms that the sharks want to sell and you can
My idea is that if the candle breaks the resistance, we should sell ZN! since we tested the vwap many times without breaking it also, we have a significant volume that appears that confirm my idea
We have a bearish flag pattern with the price bouncing inside the vwap, as well as a B volume profile pattern, therefore the price will continue to decrease if it breaches the channel; wait for a break out as confirmation, and good luck.
