US 10 YEAR YIELD DROPPING ONCE AGAIN!

Fernando Luna Technical Analyst

JUNE 26, 2020 US 10 YEAR YIELD MONTHLY CHART

US 10 YEAR YIELD WEEKLY CHART

US 10 YEAR YIELD DAILY CHART

US 10 YEAR YIELD 4 HOUR CHART

(Update: June 29, 2020 11:05 Lima) The 10-year yield is heading south in what is expected to be a C wave of a zigzag down from the June high.  The drop from the June 24th Primary-B wave high has made it below The June 11th 0.651% Cycle-A low.  If the yield moves back up above the 0.651 Primary-B could be extending. 

However, I do not think this is the case.  Proportionally, this zigzag looks good as part of a larger triangle forming at Cycle Degree.  The yield is expected to keep dropping from here.  The 100% CvsA equality is down at the 0.50% at lower channel trend line support. 

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