10 Y T-Note: with a daily type II PEI, add TYO

Catégorie [ Contrat 10 Y T-Note ]

Long term: towards LM

On a yearly basis, the status for our 7 / 23 years moving averages is a bullish no-crossover. The same status is in progress for our stochastic. The rise in progress could extend for some periods. Current Historical high is our first objective.

On a quarterly basis, UQ / LQ spread is wide. A bullish A type crossover is in progress with our 7 / 23 quarters moving averages. Our stochastic and MACD could be overbought at the close. Current Historical high or MQ could be an objective.

On a monthly basis, the spread for Bollinger bands spread is above a reference one. A bearish A type crossover could develop this year with our 7 / 23 quarters moving averages Our stochastic and MACD are overbought. LM could be a target.

Idea: LM is a strong support.

Bet: with a close below MM, LM as a target is likely.

 R = MM (120.1);    S =MQ (115.16), LM (113.69)


Medium term: lower for some weeks

On a weekly basis, PEI are in progress with TAM. MQ is our first target.

Idea: MW is a strong resistance

Bet: bearish below MQ.

R = MW (122.98);    S = MQ (115.16)


Short term: Bollinger bands spread is expending

On a daily basis, a type I or II PEI is expected.

Idea: wait for PEI

Bet: type II.

R = MD (120.1);    S = MQ (115.16)


Conclusion: with a daily type II PEI add TYO.