Short term Elliott wave view in Ten Year Notes (ZN) suggests the decline from August 5, 2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from August 5, 2020 high, wave 1 ended at 136 and bounce in wave 2 ended at 137’2. The Notes then extended lower and ended wave ((3)) at 130’2. Bounce in wave ((4)) is proposed complete at 137’245. Wave...
Those who trusted treasury bonds have lost this trust, we can think of Asians who are the largest holders of treasury bonds. The interest rate can only go up and up we can expect easy money. The weekly chart shows a significant bearish trend that may have room to extend. Don't try to surf, just sell and wait.
The interest rate can only go up and up, we can expect easy money. The weekly chart shows a significant bearish trend that may have room to extend. Don't try to surf , just sell and wait. others markets ( stock indices , commodities, and currencies) will be volatile and quite difficult to trade, while the bonds market have only one trend : the south.
Broadening rising wedge broke earlier, low will be tested and yields are going to spike and make new intermediate highs. 1.6% will only be seen in the rear view mirror.
After a downtrend since yesterday, now the market will keep going up i just put my own prediction on the chart Target A: 136'01'05 Target B: 136"07"01 Stop loss also mentioned on the chart If you have any questions please leave it in the comment section :)
sell signal for my prediction SL & TP on the chart
sell the zn the got easy money
THE ZN IS GOING UP NOW AND ITS AN EASY MONY OPPORTUNITY
We have a Sell Signal Stop loss and Take profit on the Chart.
We have a sell Signal for my prediction SL and TP on the chart
We have a Buy Signal for my prediction SL and TP on the chart
We Have a Buy Signal Stop loss and Take profit Mentioned on the Chart
We Have a Buy Signal Stop loss and Take profit Mentioned on the Chart With - Risk/Reward Ratio=1.2 - The market have the Potential to achieve the Orange Line ( That Why I Close the trade manually following my strategy.