The Long Investor
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US 10 YR
🕑 Added 2025-03-06 14:01:57 +0000 UTCIn the last update we shared that the 10YR had dropped back into the wedge and fell below the 200 Day MA but we can see that yesterday there was a recovery and the price is already back above the 200 Day, the wedge support line and the 0.5 Fib.
We need this is drop lower for the market to go higher, a test of the 0.618 Fib at 4.06 is still possible here so we will be watching for this.....losing this level would be very bullish for the market
BUT we do not want to see the US 10YR moving higher now, this will put a lot of pressure on US equities.
Comments
MK
Looking attractive!
Matt Lampkin
Maybe we'll get a H&S out of this one 🫣
