US 10 YR
Added 2025-01-08 12:13:52 +0000 UTCI continue to be concerned about the US 10 YR, higher highs and higher lows are observed, the market would very much appreciate a pull back here, to at least retest the wedge breakout level at 4.4% where the 50 Day MA is waiting at now too...this may be enough to allow the market to go higher for one last rally.
The US 10 YR above +5% and the $DXY above 114 is is a strong red flag for the market, this is not sustainable and action will need to be taken by the FED or Trump, the difficulty here is that any action will likely have a negative impact on another part of the economy; on inflation, the banks, interest rates and a wider impact that I believe is not fully clear to the market right now.
I will continue to monitor this for us.
Comments
The first abc from Oct23 to Sept24 didn't seem to retrace much for a wave 5 correction (less than .236). Could this be an abc (for an "A", perfect fib proportions), & currently at top of primary "B"(?), with "C" to come? Price also hitting the identical level of "b".
G4Golf
2025-01-09 05:17:15 +0000 UTCDo you all have any bond funds you'd lock money into for a LT hold? If fed funds rate continues to lower, where to park cash for an extended run?
Josh ford
2025-01-08 17:20:10 +0000 UTCThat’s just wild.
Dave
2025-01-08 16:36:42 +0000 UTCBoth DXY and US10 show some topping signs imho. Early to tell, but distribution in play maybe.
Martechnic
2025-01-08 15:55:53 +0000 UTCImportant Post! Thank you!
Deef
2025-01-08 12:18:17 +0000 UTCI worry about the 10Y and the DXY rise as well. Something has to give
Abdul R.
2025-01-08 12:18:09 +0000 UTC
