US 10 YR
Added 2024-11-08 12:50:09 +0000 UTC10YR has finally found some resistance at our yellow resistance line which aligns with the two previous tops.
A pull back for either an impulse wave or corrective wave is needed here either way.
If the 10YR pulls back in 3 waves to in between the 0.5 and 0.618 Fib levels, where the 50 Day MA is at right now....then I expect the 10 YR to go higher next and this will confirm to us that $TLT is then under pressure.
Comments
So we're in a waiting-to-enter state for TMF considering it seems this would need to retrace/correct before it moves higher?
Brandon
2024-11-08 15:32:34 +0000 UTC
