ZN1! trade ideas
analyse week The trend is down, there is a corrective wave with the end of the weekly Bianbari candlestick, indicating the continuation of the downtrend targeting 134’30’0
Treasury Bill multi-day increases as predictor of S&P 500 SellThroughout the rally since April, Treasury Bill multi-day increases like the one we are seeing now have typically predicted corrections in the S&P 500 by 1 week to 2 days.
Strategy: short ES (when other signals such as VIX confirm) and long 10-year Treasury futures.
10Y T NOTE FUTURES (ZN1!) SwingBUY Signal for my prediction
Stop loss and take profit mentioned on the chart
ZN1! shows us easy money from buying nowThe price after going down, the buyers are ready to go up with the price
ZN is going up so easy money if you buyafter down trend now the reverse part is coming to be up so profit after up is 95 percent
GREAT CONFIGURATION TO sell ZN in the few day The ZN present high potentiel to be sell after breakout of the support line .
Therefore, it is better to wait for a real impulse after breakout.
traget : 134.81250
Good comment to all.
Elliott Wave View: Further Weakness in Ten Year NotesShort Term Elliott Wave view suggests the decline in Ten Year Notes (ZN) from November 20 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from November 20 high, wave 1 ended at 137.075 and bounce in wave 2 ended at 138.08. Wave 3 lower remains in progress and unfolding in 5 waves impulse in lesser degree. Down from wave 2, wave ((i)) ended at 137.23 and wave ((ii)) bounce ended at 138.05 as an expanded flat.
The Notes then extends lower again in wave ((iii)) towards 136.16 and bounce in wave ((iv)) ended at 136.24. Expect wave ((v)) of 3 to end soon, then the Notes should bounce in wave 4 to correct cycle from December 21 high before the decline resumes. Wave 4 is expected to unfold in 3 waves zigzag. Ideally it should reach 23.6 – 38.2 Fibonacci retracement of wave 3 before the decline resumes. As far as wave 2 high at 138.08 remains intact, expect rally to fail in the sequence of 3, 7, or 11 swing for more downside.
