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A quick move expected on 10 year US Treasury Note SEPTEMBER 2019 as it starts approaching a support line of a Channel Up

10 year US Treasury Note SEPTEMBER 2019 is heading towards the support line of a Channel Up and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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We expect NZDUSD to trend downwards right now.

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SPX500 is approaching a support line of a Channel Down. It has touched this line numerous times in the last 26 days.

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