This is the 10 year yield chart and as you can see the upper trendline hits are within a few months of the market tops. We haven't hit the upper trendline yet, so the market can still go up for another few years against a downtrending line.
Based on the corrective structure we are in, which looks like a triple three. The yield should top around 3.25% again sometime in Aug/Sept 2021, which would mark a major top.
Based on the corrective structure we are in, which looks like a triple three. The yield should top around 3.25% again sometime in Aug/Sept 2021, which would mark a major top.
評論:
could also be looking at spring/summer of 2022