Technical analysis for US10Y.

Bearish on long-term bonds, this analysis has yields continuing to go up.

Displayed count has A wave beginning off 9 March 2020 low, completed 23 October 2023. B wave as completed zigzag to September 17 2024 low.

C wave count in wave 3 of 3, with targets of 5.337% and 5.592%. This count shows C wave completing at top of pitchfork (drawn off 9 March 2020 low), but with measured move I would expect the C wave to complete north of 6.496%.

Key supports: 4.507% and 4.126%
Key resistances: 4.739% and 5.021%
Elliott WavePitchforks

Wyłączenie odpowiedzialności