Everyone in the market is waiting for the inverting yield curve. Yields forming a top equals a bottom in bond prices, due to its inverted correlation. We entered a long term support channel since 2000 with a little RSI-divergence in the weekly chart. The risk reward in phenomenal with a reward/risk ratio of 35.
This is a long term trade, but a highly profitable if it plays out correctly.
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.
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.