I was curious what patterns I could find on the US10Y log chart and I found this massive 40 year long parallel channel.
As you can see, yields stayed inside the channel for 40 yrs, but it dropped below every time there was a financial crisis or issue.
Yields have always re-entered the channel. Maybe I am not experienced with yields enough, but I have a hard time believing the FED can fix this issue without expanding their asset purchases to astronomical amounts.
Focusing on price action, it looks like rates are going up in a parabolic fashion, trying to revert to the mean. MACD is also flipping bullish on the monthly.
Just my opinion, good luck.
As you can see, yields stayed inside the channel for 40 yrs, but it dropped below every time there was a financial crisis or issue.
Yields have always re-entered the channel. Maybe I am not experienced with yields enough, but I have a hard time believing the FED can fix this issue without expanding their asset purchases to astronomical amounts.
Focusing on price action, it looks like rates are going up in a parabolic fashion, trying to revert to the mean. MACD is also flipping bullish on the monthly.
Just my opinion, good luck.
Not
Looks like rates are being kept down for now.Not
See new idea.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.