Zn!1
Break of trading Range + huge volumesI publish this Idea to reinforce my previous analysis on this market, by looking at it from a large perspective.
Since a breaking of a trading Range, the ZN (10 year T-note) reaches a new historical high. the breaking of the rectangle has been done by a huge volume (17 M).
However, obviously, I expect the market could slow down if volumes aren't helping the ascending behavior.
A near ascendance for the ZN (10 year T-note) Even if the ZN is traded in 30min time frame and is a slow market, I found it interesting to look at it on daily time frame to have a better view of the behavior.
the Resistance is working well and a triangle is formed. My expectations are more with a continuity of the ascendant movement.