Major Bottom pattern on $TNX

Discussion in 'Automated Trading' started by countryBoy641, Jan 5, 2022.

  1. The FED has 600-800 PHD Economists.
    And none of them can read a bar chart.
    Buckle up.

    $TNX_4 years1.jpg
     
    traderlux likes this.
  2. maxinger

    maxinger

    It has been going sideway for months.
    It will continue to go sideway until the chart says otherwise.
     
    jys78 likes this.
  3. Maybe but ,,,
    Right hand MACD cross on the monthly.
    Left hand cross on the Quarterly.
    This thing has been building power for years (higher rates)


    $TNX_4 years2.jpg
     
  4. 40 Year chart says there's a very nasty move coming.
    I'd say first half 2022.

    $TNX_40 _years.jpg