Friday, September 11, 2015

UST 30 year Yield : Higher than 3.0% by a Chart Analysis

It's not clear that US treasury bond 30 year yield could be robust beyond 3.0% because negative cloud of Ichimoku chart could limit the upside movement. MACD seems to loose the momentum of gaining further.

But, upcoming negative cloud is very thin in a daily chart.
On the other hand, in a weekly candle chart, MACD looks like starting to gain momentum to upward. And although the weekly candle had shown movement within thick negative cloud, which failed to jump above that, currently re-started to be higher than negative cloud which becomes thin and upcoming transformation of a cloud from negative to positive.

This chart analysis argues 30 year yield in US treasury could soar above 3.0% soon...

Daily Chart

Weekly Chart

No comments:

Post a Comment