Towards 10.650%!?

-If we take into account that we form a nice head and shoulders at the bottom of the pandemic, prices would certainly seek the region of 10.65% of the US government's 10-year bond.

-If we consider the neck region as the starting point for tracing the fate of prices, we will have this bizarre thing happening, an explosion in "treasurys".

-On the weekly chart we have a pivot high that wants to form and is targeting the most recent top at 4.350%.

-Going down a little further, on the daily chart, the pivot that had formed on 05/12/2023 is about to reach the golden region of the FIB at 3,780%.

-We have the long average right below, and it could serve as support. We have Congress about to approve the new limit for the spending ceiling and if it is approved, it may be necessary to raise interest rates again.

-We have an unknown soon, which is: Will interest rates explode?

-Do your analyzes and good deals.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!