Yields have turned higher in what looks to be an impulse in wave (( i )) of ( 5 ). 2.80% could be tested before we see a pullback in wave (( ii )) and more upside. Hourly cycles are positive so we don’t like selling yields in proposed wave (( ii )) pullback and strategy remains to buy the dips in 3, 7 and 11 swings.
$TNX (10Y yields) 10.10.2013
Elliottwave
Subscribe to Get Free Market Insights
Professional Elliott Wave insights, charts, and forecasts to guide your trading decisions.
Related Articles
Elliottwave
4 types of Emotions every trader needs to overcome
Market behavior is ultimately governed by four dominant psychological forces that shape individual decision-making across...
Elliottwave
5 Crucial tips on how to improve your Trading drastically
This is a non-technical blog that contains some facts and precious truths. These 5 tips...
Elliottwave
Mastering the WXY Structure: How This Advanced Pattern Protects and Boosts Your Profitability Ratio
In financial markets and quantitative trading, maximizing your profitability ratio—such as the Profit Factor, Return...