Zn1
Are we on the verge of a US Bond market drop?Hello.
My name is François Normandeau
Here is an ADX-BRIEFING related to the 10-Year US Treasury Notes .
Currently, on the daily charts ,
all the indicators we are using are mentioning that the US Dollar Index
TVC:DXY
is currently in a confirmed downtrend .
Historically, there is a strong positive correlation
between the US Dollar Index and the US Treasury Notes.
if DXY drops, ZN1! drops... if DXY rises, ZN1! rises... relatively speaking and all things being equal
If anyone is currently keeping a major long position related to the US Bond market,
then this correlation is worth considering.
More details about this post, as well as a video analysis, later today, on our site .
Wishing you a great week,
François Normandeau
Institutional Research Director at ADX-BRIEFING
Are we on the verge of a US Bond market drop?Hello.
My name is François Normandeau
Here is an ADX-BRIEFING related to the 10-Year US Treasury Notes.
Currently, on the daily charts,
all the indicators we are using are mentioning that the US Dollar Index
TVC:DXY
is currently in a confirmed downtrend.
Historically, there is a strong positive correlation between the US Dollar Index and the US Treasury Notes.
if DXY drops, ZN1! drops... if DXY rises, ZN1! rises... relatively speaking and all things being equal
If anyone is currently keeping a major long position related to the US Bond market,
then this correlation is worth considering.
More details about this post, as well as a video analysis, later today, on our site.
Wishing you a great week,
François Normandeau
Institutional Research Director at ADX-BRIEFING
SELL ZN1 in the next RED VOLUMEHello Friends
*****
the ZN1 market is in an uptrend
followed by a green volume increase at the bottom
and wick candle at the top of vwap it means that the market is going to bear
=> it's a sell signal
so you can sell and get out in the next red volume
THANK YOU
ATSELECTION