US10Y Bearish this month, bullish the next.

10 มี.ค. 2022

The US10Y is following exactly the pattern of October - November 2021. After a strong Channel Up, it broke to the downside, below the 1D MA50 (blue trend-line) and marginally under the Support of the Channel Up first Low.

Based on the November pattern, the price should decline for the rest of the month, making a Lower Low below the Support and quite likely near or on the 1D MA200 (orange trend-line). The opportunity to turn bullish again will be in early - mid April.

Notice how even the 1D CCI sequences of the two fractals are virtually identical.



--------------------------------------------------------------------------------------------------------

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

--------------------------------------------------------------------------------------------------------