Confirmed Short-term Signal: 10-year Treasury Note Yield Cycle Analysis

| September 11, 2017

The advance today has caused both short-term cycle oscillators to experience bullish crossovers and a bullish engulf pattern has formed on the daily chart, generating a cycle low signal that indicates the alpha low (AL) of the current short-term cycle likely formed on September 8.

The magnitude and duration of the last decline phase reconfirm the current bearish translation and favor additional short-term weakness.

Category: Signals, Treasuries

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