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

| September 27, 2017

The advance today has nearly caused both short-term cycle oscillators to experience bullish crossovers and a bullish engulf pattern has formed on the daily chart. A close above 2.31% today would generate a cycle low signal and indicate that the alpha low (AL) of the current short-term cycle likely formed on September 25.

The early formation of the latest AL after only 2 sessions combined with the quick move above the last short-term cycle high (STCH) at 2.28% would signal the likely transition to a bullish translation and forecast additional short-term gains.

Category: Signals, Treasuries


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