ZN1!
Bullish analysis on ZN T-noteLast day we had a great green volume comparing to previous ones.
the ascending triangle I signaled months before is still not broken out, this is a great example that shows how strong, heavy, and slow is this market (ZN).
let's focus on volumes and trade when the triangle is broken.
ZN1! 10Y T NOTE FUTURES (30MIN) SWINGBUY SIGNAL ( TARGET: YELLOW LINE )
The market will keep going up => touch the yellow line ( use it as a TP manually).
Probability: 65%
if the candle cut with Force the Yellow line => the market may keep going up and you can use your new TP.
No stop loss.
I will try to update this analysis if i find the time.
Inverted Head and Shoulder? Load up on USDThe dollar has been hit very hard lately with all this money printing from the Fed but some argument support the theory that it will soar one last time before the true descent.
The stock market (SPY) is climbing its wall of worries. It will break new highs if not done already by the time you read this. But then when it corrects, bonds are going to soar and cash will be king for a short while.
First Target $27 but could soar well above that. I am loading on UUP September 18th calls. They are are cheap and it offers sufficient time for the plan to work itself out!
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
ZN1! 10Y T Note Futures ( 30MIN) probability: 65%
the market will keep going down and do the pull back, please Read Carefully :
The chart will keep going down and touch the Yellow Line ( You can use it as a TP manually)
If the red candle cut it with Force then you can use the Green line as Your TP at the same time ( Resistance).
If the candle Squeeze on the Yellow Line => Pull back and the market may keep going up.
If the candle squeeze on the Green Line => pull back and we considere the Yellow Line as our First TP in our uptrend.
After a Pull Back with Force the market may touch the Blue line .
I will Try to Update my prediction if i have free time.
ZN1! 10Y T Note Futures ( 30Min)Probability: 65%
The market may keep going down.
im not familiar with indicators in this plateform, so follow the instructions below.
Yellow Line: ! You can use it = Take profit
if the candle cut the line with force then u can sell and wait until the next orange line and take profit.
if the candle cut the orange line, u can choose ur new TP.
ZN T-note 10 year is consolidating in a triangle patternthere are some chances that the ZN will go up after a consolidation in an ascending triangle form.
we need some buying volumes and the ZN will break the triangle. BUT if you look at the ZB, it has broken down as I have mentioned in a previous analysis.
so personally I will wait some times before entering the ZN, I will just intratrade it .
Elliott Wave View: Ten Year Notes (ZN_F) Impulsive DeclineElliott Wave View in 10-year Note (ZN_F) suggests that the Note has ended the cycle from June 5 low as wave (1). From there, the Note can do a pullback in 3 waves to correct that cycle. Down from August 5 high, wave ((i)) ended at 140 low. The bounce in wave ((ii)) ended at 140.13 high. The Note then resumed lower in wave ((iii)), which ended at 139 low. The internal subdivision of wave ((iii)) unfolded as 5 waves impulse Elliott Wave Structure. Wave (i) of ((iii)) ended at 139.27 low and wave (ii) bounce ended at 140.01 high. The decline then resumed lower in wave (iii) and ended at 139.07 low. This is followed by wave (iv) bounce, which ended at 139.17 high. Wave (v) then extended lower and ended at 139 low.
Afterwards, the Note bounce higher in wave ((iv)), which unfolded as a double correction. Wave ((iv)) ended at 139.14 high. From there, the Note has resumed lower again. Currently, wave ((v)) is still in progress. The Note can see a few more lows but it should be ending wave ((v)) and wave A in higher degree soon. This will be followed by a bigger bounce in wave B before resuming lower again in wave C. While below 140.13 high, expect the bounces in 3,7 or 11 swings to fail for more downside.