US Treasury 10 year 2-10

ALTHOUGH 30YEAR RATE HAS NOT BROKEN DECISIVELY TO THE UPSIDE, TEN YEAR RATE SHOWS A CLEAR UPWARD BREAKING IN ITS WEEKLY AND MONTHLY CHARTS.
THIS SUGGESTS THE INTERMEDIATE TERM TREND FOR 10YEAR FUTURES SHOULD BE DOWN, AS RATES BRACE FOR 2,40, EVENTUALLY 2,60PCT.
HOWEVER, WE ARE AVOIDING AN AGGRESIVE BEARISH POSTURE IN THE SHORT TERM AS CYCLE STUDIES SUGGEST AN INTERMEDIATE TERM LOW COULD BE AROUND THE CORNER.(SEE CHART)
IN SHORT, WE WILL BE STRUCTURALLY SELLING RALLIES, BUT INTRADAY TRADING WILL BE 2-SIDED
WITH SHORT STOPS.
KEEP IN TOUCH.
weekly chart –  ten year futures – 13-16 week cycle
US T 10 Years 2-10
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