10 YEAR TREASURY: POTENTIAL SETUP FOR A CRASH?
The 10 Year Treasury is showing signs of weakness flashing on a 3 Week timeframe
Following our recent run to 4%, this may have been a dead cat bounce before resuming a clear downtrend
In addition, the 3 Week MACD has printed a red candle, which is the first since December of 2018 (when looking at candles flip from green to white to red)
Ironically, December of 2018 was when the Fed U Turn happened after the last hiking cycle...
If CPI comes in under expectations (which, according to Truflation, is very likely as we currently hold at 4.78%.)
Expect Yields & $DXY to drop like a stone, & the start of the next bull cycle
Nothing will stop what is transpiring in the charts, there is no 2nd wave of inflation, no debt crisis... if there was, the markets would crash, but you cannot fight the trend
Following our recent run to 4%, this may have been a dead cat bounce before resuming a clear downtrend
In addition, the 3 Week MACD has printed a red candle, which is the first since December of 2018 (when looking at candles flip from green to white to red)
Ironically, December of 2018 was when the Fed U Turn happened after the last hiking cycle...
If CPI comes in under expectations (which, according to Truflation, is very likely as we currently hold at 4.78%.)
Expect Yields & $DXY to drop like a stone, & the start of the next bull cycle
Nothing will stop what is transpiring in the charts, there is no 2nd wave of inflation, no debt crisis... if there was, the markets would crash, but you cannot fight the trend