10 October 2023
US10YT finally retreated below the first Support which is MA10 after several signs of potential trend reversal in sight such as RSI negative divergence that consistently haunted, especially when the yield broke down around Resistance 4.884%.
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9 October 2023
ID10YT started to move down towards the nearest Support, MA10 at yield 6.95%; after indications of a potential trend reversal from the Dark Cloud candle in the Resistance area. ADVISE: SELL ON STRENGTH (Gradually), continue to reduce the position especially if it breaks MA10 Support.
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6 October 2023
US10YT has not been able to move on from the upper channel support, if it breaks further it will test the MA10 support at 4.651% yield. ADVISE: Wait & See, whether the first Support holds or not.
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5 October 2023
It is reasonable if US10YT is going to pullback for a moment to test the upper channel Support, after breaking out and opening the way for strengthening towards the TARGET yield: 5.056%; moreover RSI in Overbought territory.
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4 October 2023
US10YT appears unwilling to end this uptrend, even though it is detected to be steadily breaking through the upper channel resistance, paving the way for strengthening towards a higher TARGET towards the psychological level of 5.0% yield, or precisely 5.056% yield.
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