US 30 YR. T-BOND Price Technical Analysis: Weekly Chart

In the weekly charts, US 30 YR. T-BOND was trading in a down channel. US 30 YR. T-BOND is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 134.95 & the resistance level is at 140.57.

US 30 YR. T-BOND was trading in the down channel before there is breakout downside.

US 30 YR. T-BOND Price Technical Analysis: Daily Chart

In the daily charts, US 30 YR. T-BOND is trading in a down channel. US 30 YR. T-BOND is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 135.89 & the resistance level is at 139.57.

US 30 YR. T-BOND will trade in the down channel until there is trend reversal.

How to Trade US 30 YR. T-BOND this Week:

US 30 YR. T-BOND will follow the downtrend until their trend reversal. So, remain bearish on US 30 YR. T-BOND

TRADE SUGGESTION- SELL AT 138.21, TAKE PROFIT AT 135.89 AND STOP LOSS AT 139.57