Soon it might be a good time to buy TLT or TMF. The top for bond yields looks near to me as it gets close to this channel top. A good confirmation for a pullback would be to watch for a break in the stoch support.
You could argue that it is also making a megaphone pattern with the support at 2.6% and the resistance at the channel top. I looked into this pattern and it could be bullish or bearish unfortunately, so it is hard to say what it'll do until it breaks either side. I charted a bullish possibility and target if it does break out, such a move could end up quite bad for the market, so I hope it won't happen.
You could argue that it is also making a megaphone pattern with the support at 2.6% and the resistance at the channel top. I looked into this pattern and it could be bullish or bearish unfortunately, so it is hard to say what it'll do until it breaks either side. I charted a bullish possibility and target if it does break out, such a move could end up quite bad for the market, so I hope it won't happen.
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.