Thursday 5 January 2023

US 10Y T-Note: J Powell Power Yield Party keeps going as yields hitting the P&F chart targets! Next targets 4.2% to 4.45%! Risky times!

 US 10Y T-Note: J Powell Power Yield Party keeps going as yields hitting the P&F chart targets! Next targets 4.2% to 4.45%! Risky times!

US 10Y T-Note consolidated after hitting the 4.375% target. The reversal met the downside P&F chart target of 3.575% Rebounded from P&F chart trend line support at 3.5% and then met the 3.8% target! Next two targets are 4.2% to 4.45% Currently testing trend line support at the 3.69% zone! Critical month ahead! 



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