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Big movement expected on 10 year US Treasury Note DECEMBER 2019 after a breach of the resistance

10 year US Treasury Note DECEMBER 2019 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 129.7526 within the next 16 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.

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Home Depot Inc. moves lower to 218.12 in the last 5 days.

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FRA40 is quickly approaching 5931.5000. We expect either a breakout through this line, or a rebound.

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