Monthly Chart of US 10 Year Bonds:


As seen from the chart the bond is facing resistance around the downward sloping trend-line since 1988.

At present, the bond is trading near to trend-line supply zone around the levels of 1.90 to 2.00

Around 1.80 levels lies the 50% Fibonacci levels of entire downward movement from 3.25 to 0.36.

For educational purpose

@jagrut



 

Comments

Post a Comment

Popular posts from this blog

Monthly Chart of Dow Jones Industrial Average (DJI):

Image
Monthly Chart of Dow Jones Industrial Average (DJI): Scenario - 1: (2003-2007)  The uptrend which started from October-2002 met the resistance around the Fibonacci extension levels of 1.382%-1.5% as seen from the chart. Scenario - 2: (2009-2015)  The uptrend which started from March-2009 met the resistance around the Fibonacci extension levels of 1.382%-1.5% as seen from the chart. Scenario - 3: (2020-current period)  The uptrend which started from March-2020 might face resistance around the Fibonacci extension levels of 1.382%-1.5% as seen from the chart. Resistance levels lies around 33900-35200.
Read more

Daily Chart of Nifty: (JAGRUT SHAH)

Image
The index is trading near to demand zone as seen from the chart. The zone is holding as support in every correction in the index. 14100-14300 is the demand zone for the index. If the index manages to hold the support zone then it can bounce to the levels of around 15100-15300 where downward sloping trendline is lying. For educational purpose. @jagrut
Read more