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

| October 10, 2017

The decline today has caused both short-term cycle oscillators to experience bearish crossovers and a bearish engulf pattern has formed on the daily chart. A close below 2.33% today would generate a cycle high signal and indicate that the latest short-term cycle high (STCH) likely formed on October 9.

The magnitude and duration of the current rally phase reconfirms the current bullish translation and favors additional short-term strength.

Category: Signals, Treasuries

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