10 year Treasury - what me worry?

[countryBoy641]

While I am getting a huge (and tiring) runaround from DELL,
seems others are giving the same treatment to us.
And I mean the FED, with their sycophants.

Stock market cheerleaders are breathless, that the rate increases are nearly over.
But what say you, TA dudes?

Please buy calls on the TLT with your money, not mine.
The red H&S says 6.00%
The blue one is a bunch higher.
Can you say nested H&S?

all of their

 

[maxinger]

there are 3 ways to look at it.

Professional writers would probably say since
it has broken the neckline, it would continue to go higher and higher.

Another possibility;
It has already gone up since Apr 2020.
Time for it to go down.

Another possibility;
it will go nowhere.

Need some fundamentals to understand the direction further.

 

[countryBoy641]

there are 3 ways to look at it.
Another possibility;
It has already gone up since Apr 2020.
Time for it to go down.

Or you could say, it already went down for 40 years ...

 

[Clubber Lang]

TA is great for telling you what already happened.

 

[Specterx]

Looks like the juice is squeezed and momo has weakened considerably. Most likely a range will form between last few weeks' lows and prior highs, for at least a number of months.

 

[Mr.Richter]

I would simply draw this declining trendline on a weekly timeframe and trade accordingly. Otherwise, you could see this current formation also as double bottom and then trade the break of the local high ...

 

[HeSaidSheSaid]

I think we're in the calm period before a major storm as it happened before.

 

[Overnight]

I think we're in the calm period before a major storm as it happened before.

When was the last major storm in the US treasury market? Asking for a friend.

 

[SoyUnGanador]

TA is great for telling you what already happened.

This LOL. Some bad or good news could hit on Tuesday and the price is going to react to that news, price does not give a flying freak about the scribbles on those charts LOL....