Near-term uptrend with resistance at 1.700%
Near-term uptrend for the U.S. Treasury 10-Year Note with resistance at 1.700%.
Note the divergence between the oscillator (RSI) and the price action when the oscillator did not confirm the low of 1.400%.
Relevant articles picked from the Web:
- Traders load up on inverse Treasury ETF options — MarketWatch — Aug 13, 2012
Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.
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