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Tuesday, February 25, 2014

US 10Y Treasury Note - Loo for a continuation higher towards 2.89.

US 10Y Treasury (yield)

Please see my post from February 1 here first.

The correction from 2.67 has done enough to fulfill the minimum, but I do think we are going to see the correction move higher towards the 2.89 before wave B is over and wave C lower can take over.
short term I'm looking for support near 2.72 protecting the downside for the final rally higher towards 2.86. Only a break below support at 2.63 indicates that the B-wave correction is over and that wave C lower is developing.

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