Us 10 year interest rates still hold the bullish trend, upper target is 3%.
A rising US 10 year can be traded with the ETF called TBT.
Cycle low on form.
Support from 200 SMA
Weekly momentum is strong....
The upper channel of the TNX awaits
"I believe that uncontrolled basic emotions are the true and deadly enemy of the speculator. That hope, fear, and greed is always present, these emotions sit on the edge of the psyche, waiting on the sidelines, waiting to jump into the action." ~ Jesse Livermore
"The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell" ~ John Templeton