10-year US notes looking bullish – Elliott wave analysis
|10 Year US notes are trading in an uptrend since the last quarter of 2018 and unfolding a big, five-wave cycle. At the moment we see price breaking above the upper triangle line, suggesting a possible completed wave 4) correction, and a wave 5) higher to be underway. That said, a rally in five legs of a lesser degree would be another evidence for further upside. Wave 5) can target 144'0/145'0 region.
10 Year US Notes, daily
Interested in more analysis like this? Visit us at www.ew-forecast.comand get actionable Elliott Wave charts today.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.