progfan

TNX - 10 Year treasury note yield index looks bullish

progfan Updated   
TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
Cup and handle within a cup and handle!

Rising 10-year yields imply stronger investor confidence and weaker bond prices. The market does not see a correction/crash coming! Make of it what you will. See investopedia's article on "why-10-year-us-treasury-rates-matter" for a good explanation.
Trade closed: target reached:
We got to 1.6. Next stops are 1.85 and 1.95. Momentum is in!
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