Is toppy a word?
10 yr is look overextended here.
RSI overbought on weekly and Monthly
Also look at the divergence on my rsi
Also outside its Bbands for 3weeks..
I'd be looking for a pullback starting by EOW or next week.
10 yr is now trading in a Rising wedge so if it does break support, I'd be looking for a retest of 3.2 area.
I know outside economic events could throw the 🖕 at my technicals, but until then I'd be on the watch out for a pullback in yields and a equity rally
10 yr is look overextended here.
RSI overbought on weekly and Monthly
Also look at the divergence on my rsi
Also outside its Bbands for 3weeks..
I'd be looking for a pullback starting by EOW or next week.
10 yr is now trading in a Rising wedge so if it does break support, I'd be looking for a retest of 3.2 area.
I know outside economic events could throw the 🖕 at my technicals, but until then I'd be on the watch out for a pullback in yields and a equity rally
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.