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US Treasury Bond SEPTEMBER 2021 – breach of a trending support line that has been tested at least twice before.

US Treasury Bond SEPTEMBER 2021 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 5 days and suggests a target line to be around 157.4102 within the next 17 hours.

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US30 is quickly approaching 34655.0000. We expect either a breakout through this line, or a rebound.

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