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US Treasury Bond JUNE 2020 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 11 days.

US Treasury Bond JUNE 2020 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 11 days. This breakout indicates a potential move to 184.0590 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.

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We expect LB to trend upwards today.

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We expect a $2.606 movement on DC within the next 48 hours.

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