Regardless of the fundamentals that are dominating the global economic scene (trade wars), there is an interesting long term, and rather cyclical from the looks of it, pattern developing on the U.S. Government Bonds 10 YR Yield. The pattern is a declining Head and Shoulders formation on 1W. The last two times that the same pattern emerged (in 2017 and in 2015 -...
You can expect at least a 10% drop for the US10Y in the coming weeks and months, but most likely stronger. The bearish divergence is very strong and it is showing up on both the MACD and RSI. The decent has already started. Looks like the entire conventional market is about to have a massive crash. Time to move to crypto. Thanks a lot for reading. Namaste.
Really like the look of this, everything matching up perfectly. Unfortunately I'm not able to trade this with my broker, but for those who can, put this on your watchlist.
higher dxy real rates spread increse => pressure on gold prices? bearish for across the board EM assets terrible news for etf managers china to start thinking about all the 1.3 bn usd worth of almost 0 yield US papers they hold imf and wb funding become more important => sharing policy making decissions with the west again .... for the sector, it means importance...
US Bonds getting hot, not boring at all. Here 2, 5 and 10 Yr Yield comparison. Remember Tradingview followers have a half price on Professional Trading Course for the next one in April. Just 25 seats available Learn how to beat the market as Professional Trader with an ex-insider! Have a good Trading Week! Cream Live Trading, Best Regards!