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.
