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10 yr looks toppy
CBOE 10 YR TREASURY NOTE YIELD
10 yr looks toppy
By ContraryTrader
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Oct 16, 2022
3
Oct 16, 2022
Is toppy a word?
10 yr is look overextended here.
RSI overbought on weekly and Monthly
Also look at the divergence on my rsi
Also outside its Bbands for 3weeks..
I'd be looking for a pullback starting by EOW or next week.
10 yr is now trading in a Rising wedge so if it does break support, I'd be looking for a retest of 3.2 area.
I know outside economic events could throw the 🖕 at my technicals, but until then I'd be on the watch out for a pullback in yields and a equity rally
Support and Resistance
Trend Lines
ContraryTrader
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