ZN1!
10 Yr Note Futures Look Bullish10 YR Note futures just don't look bearish to me. Still in a rising channel, above 61.8 Fib retracement, pushing up from bullish wedge. $ZN
Am I missing something?
UPD: Time to see if orders left from the Aug breakoutIf not still there, 127 area is next $ZN_F, $TNX
10Y T-NOTES : EARLY
Here is the situation that resembles gold and silver.
It is early to speak of a complete negativity, only a loss of power in the positive region.
The RSI channel is in a strong image.
It's a little early for the short.
There are new hills up there.
I need at least stochrsi's approval for the long.
I think the bottom of the middle band for the short position.
This instrument is the most traded future.
So I felt the need to share.
09 sept European opening calltrade opportunities and strategy for the day in FX, Equities, and Fixed Income
Trade war escalation Bonds could stay overbought for a while due to flight to quality and low rates around the world and reach even 1% in the event of an escalation of the trade war between the USA and China. Nevertheless risk reward in holding US Treasuries is poor,
10 year - The march continues - will long the break upThe skilful warrior of old wins no fame for valour.
ZN1!, A good show of charts over narratives.Ten year consolidates are looks higher. Bought the gap fill. Up all year so far, been a solid winner.
Difficult to pass through here with the first attemptPossible intermediate cycle high? $TLT, $ZN_F, $IEF, $TNX
Ten's [ZN1] Dollar lost this support for nowLatest breakout here made changes medterm in my opinion and higher levels still possible and thats not great news for dollar bulls.
As long as 122 holds we may see 127.
Futures on UST10, March '19 Let's take a look on March '19 ZN. What's next - cont. upside PA or yield surge!? Let's see!
Long US 10year Treasury Bond $ZNWith WTI declining nearly %30 in a short time span and global growth slowing. Investors are long US TBONDS as they are willing to tolerate lower yields from bonds in anticipation of lower inflation and slowing growth.
Bonds rising will have a wide ranging market influence. From yields falling, to equities under performing to Japanese investors seeking domestic risk investment and therefore halting capital exports.
This will mark a turning point in the business cycle for month to come and will challenge active and passive investors and money managers to rethink their portfolios, possibly even rotate into other assets. We are still in the infancy of this turning point , tops and bottoms are ripe for picking.
ZNU8 Triangle restricts market actionThe Triangle started at the high in May and should continue into early August. A rally should follow because of the bullish activity that occurred in May. (This pattern was first mentioned on MooreMarketTrends.com on July 10, just after the reversal in early July.)
spring bond rally targetThe extent of the bond rally last summer lines up nicely with the .618 fib retracement shown here and gives us a target heading into the end of May. Almost like someone planned it that way. Possibly wait for a pull-back to the blue-line if going long.
