TNX 10-yr yield: 2 patterns both indicating A PEAK AT 3.25%
The rapid rise of the 10-yr yield puts a lot of pressure on tech stocks, TLT bonds & gold.
Recently TNX overshot the upper downchannel which may be a bulltrap.
These 2 patterns both point to a top at 3.25…the inverse H&S & the measured move of the bullish flag.
For your guidance only on the possible market pivoting going forward so be ready to react accordingly.
Recently TNX overshot the upper downchannel which may be a bulltrap.
These 2 patterns both point to a top at 3.25…the inverse H&S & the measured move of the bullish flag.
For your guidance only on the possible market pivoting going forward so be ready to react accordingly.