2022/01/04 07:15 AM – US 10 YEARS – D1 – NICE MOVE…BUT !

US10Y-D1-NICE MOVE…BUT ! by Ironman8848 on TradingView.com

First 2022 trading day, triggered, yesterday a nice move; indeed, we say, on a daily basis, three important
things :

1) breakout of the daily clouds resistance
2) Crossover of the Tenkan-Sen
3) Chikou-Span crossover of cluster

Still one resistance level to break which is the ongoing downtrend line resistance and the former highs, respectively @ 1.7050% and 1.7740%

In addition, on a weekly basis, the ongoing downtrend channel is still intact (next closing will, maybe, add more clues about further development).

Watch shorter time frames as on H4, a failure to hold above 1.56%-1.55% would be the first warning signal of a potential reversal !

Ironman8848 & Jean-Pierre Burki

Disclaimer :

All views expressed on my analysis are my own and do not represent the opinions of any entity, whatsoever with which I have been, I am now or I will be affiliated with. Any action you take upon the information on those analysis is strictly at your own risk and should not be considered as an advisory. The author assumes no responsibility or liability for any errors or omissions in the content of his analysis. The information contained is provided on an «as is» basis, with no guarantees of completeness, accuracy, usefulness or timeliness and without any warranties of any kind whatsoever, express or implied. 

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