A Potential Target For Yields
October 4, 2023
As you can see, TNX is already on its way to a fresh leg higher after consolidating for roughly a year.
Although we have yet to determine where it will end up, as technicians, we often measure the pattern's height to obtain a potential target.
This gives us a level of 5.45 for the 10-year, giving some room to keep running higher.
We hope you enjoyed this post.
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Alfonso