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ganeshbabu6
Nov 20, 2023 1:35 PM

US 10 YEAR BOND TREND now Long

United States 10 Year Government Bonds YieldTVC

Description

TREND - NUETRAL .because now at down and up TL juction.

PRESENT ZONE- At DEMAND ZONE 1.

FORECAST -As per ZONE once downward TL crosses and closes above At DEMAND ZONE 1 will target SUPPLY ZONE 1 at 4.643.
If not will target DEMAND ZONE 2

MY TAKE - will target 4.643 the SUPPLY ZONE 1.

But any news flow may change this scenoria.

IMPORTANCE OF US 10 YEAR BOND is once it moves up Dollar will go up.Rupee goes down along with equity markets.so always keep track on this always.

Comment

IN 1 hour again into the upward Day TL.
once goes above DEMAND ZONE 1 will target 4.643 the SUPPLY ZONE 1.
accordingly equity markets will go down.
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