2021/07/07 16:22 PM 10 YEARS – THE TREND IS YOUR FRIEND…

US 10 YEARS – THE TREND IS YOUR FRIEND… by Ironman_8848 on TradingView.com

Looking at the weekly chart we can see that current levelis below both,  MBB (@ 1.5630%) and Kijun Sen (@ 1.3851%). 
Wait for weekly closing for confirmation ! 
In the meantime, the expected target of 1.2890 % (38.2% Fib ret) has nearly been reached with a low so far @ 1.30 % ! 
Pressure remains to the downside, next significant supports levels being respectively @ 1.14 % and 0.99%. 
Watch D1 , H4 and shorter time frames to get clues and intermediate signal (s) for validation or invalidation of the expected  bearish (yield) scenario. 

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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