ThunderTake
1) Two indicators at play here, firstly the daily TD sequential indicated a price flip from a red 9 to a green 1. However, it was followed up by a red 1 which is currently in play. As markets have already closed this red 1 is expected to continue.
Will be looking out for a red 2 below a red 1 for confirmation.
2) Additionally, purplish dots for the past 4 days signifies a spyder 3-weekly resistance level. Forcing yields to trade within this tight range.
Longer term chart observations: Double top
Fundamentals: The equity market has also sold off, some in cash will seek to purchase 2/10 year bonds forcing yields lower.
1) Two indicators at play here, firstly the daily TD sequential indicated a price flip from a red 9 to a green 1. However, it was followed up by a red 1 which is currently in play. As markets have already closed this red 1 is expected to continue.
Will be looking out for a red 2 below a red 1 for confirmation.
2) Additionally, purplish dots for the past 4 days signifies a spyder 3-weekly resistance level. Forcing yields to trade within this tight range.
Longer term chart observations: Double top
Fundamentals: The equity market has also sold off, some in cash will seek to purchase 2/10 year bonds forcing yields lower.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.