Market Alert: US 10Y Yield

20 дек.

Back in mid-October, I mentioned keeping the US 10Y yield on your radar 📊 as it appeared to be forming a potential falling wedge pattern. This pattern, if completed, would indicate higher interest rates ahead.
Well... the time is here! 👀 Should the market close above 4.42% today, this pattern will officially complete.

🔑 Key Levels to Watch:

✅ Ideally, a second close above this zone in the New Year would confirm the breakout.

✅ This suggests not only a retest of the 2023 high of 5.02%, but also an upside measured target of 5.60%!
Stay sharp and keep this on your radar! 📈
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