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Will US Treasuries Turn Back To Bullish Mode?

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Nov 15 2019
If you are following me on twitter or here on our website for some video updates, then you will know that I have been bearish for the last few weeks on a 10 year US notes when identified a reversal down for wave C that was pointing back to September low. I have been waiting on this level before I may again consider a reversal in price. Well, this is exactly what is happening now; we see a very nice move higher so far; away from C=A equality level with current rise eyeing that falling trendline from October higher. If this one is broken, then we think that change in trend would be confirmed, which means more upside will happen and eventually this could be a major game changer for equties and yen crosses as well. At the same time, gold may attract more buyers.

Trade well,
Grega
 


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