US10Y // head-and-shoulders formation
Although there is a head-and-shoulders formation on the chart, the targets are drawn according to Fibonacci. We need closings under the blue line as a formation condition. US10Y declines may make TLT and TMF'Etfs attractive.
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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.