Is it time to switch "treasures"?

2023년 7월 9일

-The US government's 2-year bond is trying to form a new bullish pivot on the monthly chart.


-I believe that it will not have enough strength to go further, that is, to break the pre SUBPRIME peak of 2008, in the region of 5,283, as inflation at the moment (short term) seems to want to cool down.


-But long-term inflation, I'm sorry to say that you may not want to let your guard down, so 5 and 10 year bonds may reach new highs.

-On the weekly chart we have an accumulation of prices, and the projection of this accumulation suggests the region of 5330 as a possible maximum destination for the prices of the 2-year bond.


-The SETUP used also projects purchasing power up to the range of 5,338 according to the high pivot also shown by the SETUP used!


-The daily chart already shows exhaustion, so you need to pull back on the long average just below if you really want to look for the 5,338 region.


-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!