- Last 3.36%
- Below weekly triangle line (triangle = continuation pattern = uptrend in yield)
- Sitting right on more important uptrend line now. Break thru = change in outlook = lower yields
- If weekly sees follow thru, this would put it in sync with the monthly chart message = long selling tails (yield terms) above 3.50% not sustainable (4 previous candles exhibiting such behaviour so far) = tendency for lower yields
02 September 2009
US10YY : Abandon Weekly Triangle
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment