10 Y T-Note: higher

Catégorie [ Contrat 10 Y T-Note ]

Long term: bullish

On a yearly basis, the status for TAM tools is a bullish no-crossover. 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. A PEI is not ruled out with our stochastic and MACD. UQ is our first objective.

On a monthly basis, the spread for Bollinger bands is above a reference one. TAM tools are neutral.

Idea: recovery as long as MM = support

Bet: none

 R = UM (126.88);    S = MM (120.84), PM (117.92)

 

Medium term (September contract): bullish

On a weekly basis, UW / LW spread is increasing. A PEI is in progress with our stochastic and MACD.

Idea: bullish as long as our MACD is not overbought

Bet: a type II is expected.

R = PM (123.72);    S = PW (118)

 

  

Short term: Bullish parallel

On a daily basis, a bullish parallel pattern is in progress.

Idea: use bullish parallel rules

Bet: higher.

R = PM (123.72);    S = MD (121.48)

 

Conclusion: higher on a medium term basis.