• 13 hours The Pandemic Proof $53 Billion Industry Wall Street Can’t Ignore
  • 16 hours Will Gold Hit $2,000?
  • 20 hours Trump’s Proposed Regulation Could Slow The ESG Boom
  • 2 days India To Auction 41 Coal Assets
  • 2 days Eldorado Sees Gold Production Soar In Second Quarte
  • 3 days Do Gold Stocks Still Have Upside Potential?
  • 4 days The S&P 500’s Top Companies Hold $2.5 Trillion In Debt
  • 4 days Electric Vehicle Rebound Bolsters Battery Metal Growth
  • 5 days BlackRock Makes A Run On Asian Stocks
  • 5 days Gold Prices Surge Above $1,800
  • 6 days Chinese Stocks Soar On Bullish Economic Data
  • 6 days Apple’s “Holy Grail Of Data” Leaves Energy Traders Disappointed
  • 6 days Gold Rally Adds $250 Billion To Top 50 Miners' Market Cap
  • 7 days TikTok Is Becoming A New Battleground For Tech Politics
  • 7 days Peru's Mining Industry Pummeled As Coronavirus Cases Surge
  • 7 days Why The World Is So Divided In Its COVID-19 Response
  • 8 days Equities Cheer Stellar Jobs Report, But It May Be Fleeting
  • 9 days Is Tech Billionaire Peter Thiel Done With Trump?
  • 9 days Musk Takes To Twitter To Troll The SEC
  • 10 days Lunar Mining May Commence As Early As 2025
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

10-Year Treasury Notes

TNX, the yield on the 10 year Treasury note, fell for the fourth week in a row with a loss of 1.36% to close at 21.75 on Friday after challenging the 30-dma earlier in the week. TNX remains in the 2015 trend channel and should find support at the lower boundary and 200-dma both which are near 21.34.

A bullish head-and-shoulders pattern measures a minimum rally to 27.50. But if TNX remains in the 2015 trend channel, it will reach its target no sooner than October (which coincides with the crossing of trendlines in the lower chart).


Larger Image

 


Obtain your copy of the August Lindsay Report at Seattle Technical Advisors.com.

 

Back to homepage

Leave a comment

Leave a comment