U.S. 10Y and 1D MA200. End of the road for bonds?
The U.S. Government Bonds 10YR Yield has just made contact with the MA200 (orange trend-line) on the 1D time-frame for the first time since December 2018! The closest it has come too after that was in January 2020. On both occasions that was the price top.
Additionally the RSI shows an interesting feature. A Double Top (red ellipse) signifies the start of a downtrend.
Time to sell this?
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Additionally the RSI shows an interesting feature. A Double Top (red ellipse) signifies the start of a downtrend.
Time to sell this?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
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