US 10 YR. T-NOTE TRADE IDEAS & TECHNICAL ANALYSIS

US 10 YR. T-NOTE TRADE IDEAS & TECHNICAL ANALYSIS

bond technical analysis

US 10 YR. T-NOTE Price Technical Analysis: Weekly Chart

In the weekly charts, US 10 YR. T-NOTE was trading in a down channel.

US 10 YR. T-NOTE is trading below all SMA.

The nearest support is 118.59 & the resistance is at 125.50.

US 10 YR. T-NOTE was trading in the down channel before the breakout downside.

US 10 YR. T-NOTE Price Technical Analysis: Daily Chart

In the daily charts, US 10 YR. T-NOTE is trading in down channel.

US 10 YR. T-NOTE is trading below all SMA.

The nearest support is 118.82 & the resistance is at 119.96.

US 10 YR. T-NOTE is trading in the down channel until there is trend reversal.

How to Trade US 10 YR. T-NOTE this Week:

US 10 YR. T-NOTE will follow the downtrend until their trend reversal. So, remain bearish on US 10 YR. T-NOTE

TRADE SUGGESTION- SELL AT 119.34, TAKE PROFIT AT 118.82 AND STOP LOSS AT 119.96

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