TNX trade ideas
Treasury Yields Show Signs of a TopTreasury yields have been a major driver of sentiment since early 2022. The 10-year Treasury yield jumped above 1.75 percent at the beginning of the bear market last January. But now it may be showing signs of a top.
The first pattern on today’s chart is the falling trendline along the highs of October, November and December. Notice how TNX began the New Year (and a new week) by sharply dropping from this resistance.
Second, the rejection occurred at the 50-day simple moving average (SMA). Interestingly, this is different than we saw in August, when the yield leaped above the SMA. It’s also noteworthy that the SMA has been falling since early December, another potential sign of the trend reversing lower.
Next, consider the longer-term levels. TNX peaked at 4.32 percent in 2008 and 4.014 percent the following year. Given the recent price action, that general zone seems to be holding as resistance.
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10Y Rate - Headed HigherToday you can review the technical analysis idea on a 1W linear scale chart for 10 Year Treasury Yield (TNX).
In December 2021, I posted a chart showing that the 10Y rate was going to go much higher. I was exactly on point almost to the exact number.
Today I was reviewing the 10Y rate chart and saw the RSI formed a double bottom base with the 10Y rate ready to make another move higher. I also added in the Keltner Channel indicator which shows that when the 10Y rate is higher than the median line, there is a strong chance it touches the top of the Keltner Channel. I see the 10Y as well as other long term rates going much higher as shown in the chart.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
AW 10YR\INTEREST RATES ANALYSIS - Coiling Up for Higher Rates...In this video I explain my long-term view on 10 Year Bond Yields also known as Interest Rates.
If there is one view of mine that has stood the test of time it is my view of this chart.
My timing couldn't be better if what I talk about in this video comes to pass.
It appears that we have just completed what appears to be the first wave of the upcoming 5-Wave move for Wave E.
This pattern has been unfolding since at least 1100AD and it still hasn't completed yet.
It provides so many clues as to what is coming in the not-so-distant future.
There is no better time to learn how the waves operate in these psychology driven markets.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
$TNX break rising wedge pattern & craters$VIX hits 1st target & likely bounce & then fill gap down
$DXY almost hit 1st target but hit this one PERFECTLY & almost to the day!
Not sure if 3rd target can be hit
$TNX falling hard on possible #FED pivot soon
All fits narrative we pointed out early Oct
IF fed keeps pushing, which they likely will, next year, we can see this pumping hard again
Why is $TNX NOT popping with hike?This year alone we've seen almost 400 basis points!
#FED rates are finally @ $TNX level!
We called this some time ago, catching up
Why is #TNX not ripping?
Likely believe there's not that much more in hikes by the fed
That HUGE negative divergence is telling
#stocks #bonds #crypto
The TNX journey: no top in sightTNX is firmly above 4%, and the rise in rates will continue. For the first time in 40 years both the Stock and Treasuries are going down, which is detrimental to the long-term investment portfolios worldwide. The investments that seemed protected, diversified - split between Stocks, Bonds, Treasuries - all of a sudden start to move sharply lower. Social security, retirement savings - all begin to evaporate. The world, however, does not seem to pay attention: AAPL still trades at 0.6..0.7% dividends yield.
It will take much more of the move in Treasuries to force everyone to take notice. I think 7% for TNX is a very conservative target. 8-10% in the apogee of the panic look more realistic.
The rise in yields to the figures above will lead to the "impossible three" in the next few months:
1. SPX below 1500
2. EURUSD at or near 0.75
3. USDJPY at 100..110
Real-world side effects: the sudden bankruptcy of the "developed" world will imply their defeat in Ukraine. Nobody from US or EU will send any more weapons or money while there is financial apocalypse at home.
US 10 Year Treasury Yield: What's Next?Quick Analysis on 10 Year Treasury Yield on a 1M Linear Chart.
1) The US 10 Year Treasury Yield has been respecting a falling channel for multiple decades going back to the 1980s.
2) It is currently headed to the top trendline of the channel with a possibility to break in the coming months.
3) The measured move of the falling channel would bring it back to Pre-2008 ranges.
4) This may fall in line with the US Dollar strengthening (in the idea section below).
5) If US 10 Year Treasury Yield goes lower, there is not much more room for it to get to 0.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
10 yr looks toppy Is toppy a word?
10 yr is look overextended here.
RSI overbought on weekly and Monthly
Also look at the divergence on my rsi
Also outside its Bbands for 3weeks..
I'd be looking for a pullback starting by EOW or next week.
10 yr is now trading in a Rising wedge so if it does break support, I'd be looking for a retest of 3.2 area.
I know outside economic events could throw the 🖕 at my technicals, but until then I'd be on the watch out for a pullback in yields and a equity rally