US10Y: IS THIS THE TOP FOR YIELDS?
Using the fib retracement from our last previous cycle high, we can see yields have rallied to our 1.618 level, potentially signifying a top in yields may have been reached
We also have a triple bearish divergence on the monthly RSI almost creating this rounded top / head & shoulders pattern, signifying bonds could rally significantly with stocks if this is truly confirmed to be the top
shoutout to JTheretohelp1 for mentioning this on X :)
We also have a triple bearish divergence on the monthly RSI almost creating this rounded top / head & shoulders pattern, signifying bonds could rally significantly with stocks if this is truly confirmed to be the top
shoutout to JTheretohelp1 for mentioning this on X :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.