10 Year T Note: Triple Bottom. Major long term Buy Opportunity.
The 10 year has rebounded off the major 1M Support this month, making a statement with last week's strong 1W candle. This marked a Triple Top formation on the 1M scale (since 2012) and the trend shift becomes obvious. 1D is trading near overbought territory (RSI = 70.811) pushing the 1W towards neutrality (RSI = 42.781, ADX = 58.406, Highs/Lows = 0.0000), detaching it from its previous bearish levels.
We are expecting a major cyclical bullish move in the next 2+ years towards at least 32.00. Shorter term investors should look towards the inner Channel Up (dashed lines) for pivotal sell/ buy entries.
** If you like our free content follow our profile (tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
We are expecting a major cyclical bullish move in the next 2+ years towards at least 32.00. Shorter term investors should look towards the inner Channel Up (dashed lines) for pivotal sell/ buy entries.
** If you like our free content follow our profile (tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.