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hiteshhbafna
Oct 10, 2022 3:23 AM

Rounding bottom (Cup & Handle) formation breakout?? #US10Y Long

United States 10 Year Government Bonds YieldTVC

Description

Charts show breakout of rounding bottom formation on Weekly/Monthly charts of US 10year yields. Already got monthly closing above the breakout line.

If sustains above the breakout line minimum target for 10y yield will be around 5.5/6.5 pc. If so, there will bloodbath across all asset classes. Only below 3.4/3.3 negates the idea.


Brace! Brace! Brace! If true, difficult times ahead.

Hope I'm wrong.


Happy trading
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