US10Y - 2019: A Race to the Finish Line?
Updated
Looks like we can anticipate another impulse wave on US treasury yields as we follow our thesis that the US10 yield will kiss the upper boundary historical trendline before we see a reversal.
Implications here will likely result in a rebounding/consolidating stock market and a strengthening of the USD against many major currencies while markets undergo major trend changes.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Implications here will likely result in a rebounding/consolidating stock market and a strengthening of the USD against many major currencies while markets undergo major trend changes.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Note
Kissing the support level!Note
Dropping to second support level and breaking the trendline!!!Note
Today we have a a few notable events involving central bankers at conferences and such. China just dropped RR ratios as well.Here comes the rate reversal?
Note
The week closes out with a big hammer candle!Note
Looks like we are now trending up.Note
Decision time... we are currently sitting on support, so I expect a sharp move as the consolidation must come to an end.Note
Sharp move was to the downside! :O
Related publications
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.