US 10Y to form bearish pattern amid NQ gaining momentum
Hello everyone. It's been a while since I reviewed US 10Y yield last time. Now the control low has been violated, indicating sellers started to take control.
From the daily chart, we can see that bearish downtrend has been formed with a control high zone just above.
With the weakness of US 10Y yield, stocks are recovering from the low created by the news of possible capital gain tax rate hike. BTC also suffered a lot by approximately 30% from the fresh record.
I'd like to use the yield as an odd enhancer for trading other assets, such as stock and futures. The correlation between the yield and other assets can help us to increase the winning ratio a lot.
Trade safe and stay safe.
Do give me a like and follow if you like my idea.
From the daily chart, we can see that bearish downtrend has been formed with a control high zone just above.
With the weakness of US 10Y yield, stocks are recovering from the low created by the news of possible capital gain tax rate hike. BTC also suffered a lot by approximately 30% from the fresh record.
I'd like to use the yield as an odd enhancer for trading other assets, such as stock and futures. The correlation between the yield and other assets can help us to increase the winning ratio a lot.
Trade safe and stay safe.
Do give me a like and follow if you like my idea.
Nota
The downtrend line got violated and price hit deeply into the zone. Obviously, price has reaction to the zone.
plan your trade and trade your plan
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
plan your trade and trade your plan
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.