Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Tuesday, May 29, 2018
TNX 10-Year Treasury Note Yield Weekly and Daily Charts
The overpaid Wall Street analysts guaranteed 3% on the 10-year far into the future during April and May. Many called for 3.50%, some said 4.00% and others called even higher yields around the corner. The weekly chart told the story. Keystone called the top in the 10-year yield two weeks ago with the negative divergence and the spankdown in yields occur as forecasted. The 10-year is at 2.87% currently to the bottom standard deviation band on the daily and teasing the middle band (20-week MA) on the weekly chart at 2.861%. All of you missed out on that top call in yields. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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